Our 25th update on Bitfinex to Kraken with BTCUSD XXBTZUSD since 25th January 2020. On the 5th April 2019 we enabled watching of Bitfinex and Kraken's BTCUSD and XXBTZUSD arbitrage spreads, currently there is an available 0.29% return swapping this trade as it is currently displaying fair since Friday, the match is sat at 26.3 from 08:19:08 today with a profit of 0.00285183 BTC with every 1 bitcoin exchanged. Since we began we have seen a pairing high of 67.8 since the beginning of February. In the last 24 hours the spread reached a high of 46 resulting in a -576.8 shortening this year marking a 92.61% shortening. Bitfinex's BTCUSD and Kraken's XXBTZUSD match up is placed 58th from a pool of 244 arbirtage opportunities. This arbitrage opportunity is not superb change, and not profitable like HBDM BTC_CQ to Bitfinex BTCF0:USTF0 and Bitmex XBTM20 to Binance BTCUSDT which should be investigated.
5th February 2020 08:19:08 UTC - 3 weeks ago
Bitfinex BTCUSD @ 9255.50000000
Kraken XXBTZUSD @ 9229.20000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00285183 BTC with a 0.29% return
Bitcoin Trade Size
This gives a profit of 0.026 bitcoin if you auction 9.25 bitcoin of BTCUSD at Bitfinex at the current price of 9,255.50 and buy the duplicate size of 9.25 BTC of XXBTZUSD at Kraken priced at 9,229.20 resulting in 240.69 USD profit with bitcoin positioned at $9,257 per one BTC. For the time being to look more seriously at this pairing, as it would result in profit if carried out to the sound of 0.0028518 per one BTC. With everything reported it seems points that the profits will be poor causing doubt to proceed when you consider transfer and exchange fees, and, specifically when presented with the opportunities presented by Bitmex XBTM20 to Binance BTCUSDT returning 0.03720569 bitcoin return per 1 bitcoin right now.
Disclaimer : We are not financial consultants and all financial transactions are the responsbility of the user, this information provided is only valid at the timestamp of 5th February 2020 08:19:08, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.