Bitfinex's BTCUSD and HBDM's BTCCW pairings reached a 7 day period high on the 16th March 2020 indicating a 76.6% shortening from the sixty day high of 614.3, confirming a spread of -470.36 over 3 days, the pairing is sitting at 11.22 as of 22nd March 2020 from 08:57 looking at profit of 0.00180281 bitcoin with every one bitcoin exchanged. Since tracking started we have viewed a arbitrage high reach of 614.3 this year alone. In the last 24 hours the spread reached a high of 39.5 resulting in a -574.8 short this year resulting in a 93.6% change from that spread. Bitfinex to HBDM with BTCUSD BTCCW is 46th out of a possible 244 arbitrage combinations monitored. This arbitrage combination should not be considered a premium occurrence, and should be treated as such with Cexio ETH-BTC to Kraken XETHXXBT and Bitmex ETHUSD to Bitmex ETHH20 which should be considered.
22nd March 2020 08:57:28 UTC - 3 weeks ago
Bitfinex BTCUSD @ 6248.70000000
HBDM BTCCW @ 6237.48000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00180281 BTC with a 0.1802% return
Bitcoin Trade Size
This represents a profit of 0.1532 bitcoin when you offload 85 bitcoin of BTCUSD at Bitfinex at the price of 6,248.70 and buy the twin quantity of 85 BTC of BTCCW at HBDM priced at 6,237.48 turning a $955.16 profit with bitcoin stable at $6,235. Presently you will want to look at this more, this will return a profit when done to the amount of 0.0018028 for every one BTC. The data returned points that the gains would be confined causing needed doubt to proceed when you factor in exchange outgoings, and, notably when presented with the availability of Bitmex ETHUSD to Bitmex ETHH20 returning 0.02128865 bitcoin return per 1 bitcoin as of 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 22nd March 2020 08:57:28, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.