Our 15th update on Bitfinex and Binance's ETHUSD and ETHBTC since 10th December 2019. Since the 10th August 2019 we have been covering Bitfinex's and Binance's ETHUSD to ETHBTC combination, these past 8 minutes you can get 0.6143% return running this swap as it is temporarily holding reliable this week, the match is positioned at 127.912202 as of 19th December 2019 from 15:56 with a profit of 0.00010933 BTC with every 1 BTC exchanged. Since tracking begun we have viewed a high reach of 163.368846 since the beginning of December. In the last 24 hours the spread reached a high of 135.021838 meaning -89.735981 decrease from the year high resulting in a 40% change from that spread. Bitfinex's ETHUSD and Binance's ETHBTC combination pairs is positioned 100th currently. This spread is not a premium change, and not in the same league as HBDM BTC_CQ to Binance BTCTUSD and Binance ETHUSDT to Kraken XETHXXBT which should be investigated.
19th December 2019 15:56:44 UTC - 6 weeks ago
Bitfinex ETHUSD @ 127.93000000
Binance ETHBTC @ 0.01779800
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00010933 BTC with a 0.6143% return
Bitcoin Trade Size
This provides a profit of 0.00258751 bitcoin when you offload 23.667 bitcoin of ETHUSD at Bitfinex at the current price of 127.93000000 and buy the duplicate amount of 23.667 BTC of ETHBTC at Binance priced at 0.01779800 giving a 18.49 USD gain with BTC fluttering at 7,144 USD. Presently the advice is to look at the arbitrage spreads opportunities, this will return a profit when carried out to the tune of 0.00010933 per 1 BTC. The thought process points that the profits will be inadequate causing doubt to proceed when you deal with transfer commissions, and, chiefly when you consider the opportunity of Binance ETHUSDT to Kraken XETHXXBT giving 0.01779566 BTC return per one bitcoin at this moment.
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 19th December 2019 15:56:44, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.