Bitfinex to Kraken with ETHUSD XETHZUSD reached a 7 day period high on the 2nd November 2019 at 13:43 marking an overall 61.5% shortening from the 60 day high of 3.38, signaling a spread of -2.08 over 15 days, the combination is positioned at 0.73 from 20:29:58 today with a profit of 0.00008182 bitcoin for every one BTC spent. Since we began we have witnessed this spread topping off at 3.38 this year. In the last 24 hours the spread reached a high of 1.13 resulting in a -2.25 short on the year creating a 67% decrease from that high. Bitfinex ETHUSD to Kraken XETHZUSD is placed 105th from a pool of 209 combinations. This arbitrage combination isn't treated as a fantastic action, and not in the same league as HBDM BTC_CQ to Binance BTCTUSD and HBDM BTC_CQ to Binance BTCUSDC which should be followed.
6th November 2019 20:29:58 UTC - 1 week ago
Bitfinex ETHUSD @ 189.25000000
Kraken XETHZUSD @ 188.52000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00008182 BTC with a 0.4032% return
Bitcoin Trade Size
This provides a profit of 0.0017 BTC if you leverage 20.333 bitcoin of ETHUSD at Bitfinex at the price of 189.25000000 and order the matched quantity of 20.333 bitcoin of XETHZUSD at Kraken priced at 188.52000000 yielding a $15.79 net gain with the current price of BTC set at 9,288 USD. Our recommendation is to look into this, this will return a profit if performed to the tune of 0.0000818 for each 1 BTC. The opportunity though points that the profits would be stunted placing doubt to proceed especially when you consider the availability of HBDM BTC_CQ to Binance BTCUSDC providing 0.02056957 bitcoin profit per 1 bitcoin for the time being.
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 6th November 2019 20:29:58, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.