Bitfinex's BTCUSD and Kraken's XXBTZUSD reached a seven day period high on the 16th December showing an overall 27.00% shortening from the 60 day high of 137.8, making a difference of -37.2 during the 22 days, the pairing currently spreads at 25.6 at 12:50 today looking at profit of 0.00340579 BTC with every 1 BTC spent. Since tracking begun we have seen a arbitrage high of 622.8 this year. In the last 24 hours the spread reached a high of 71.5 meaning -551.3 shortening this year signalling a 88.5% contraction. Bitfinex and Kraken BTCUSD to XXBTZUSD is 29th from a selection of 189 arbirtage opportunities. This arbitrage spread isn't a crazy action, and not in the same league as HBDM BTC_CQ to Bitfinex BTCF0:USTF0 and Bitmex ETHUSD to Poloniex BTC_ETH which should take your cash.
23rd December 2019 12:50:30 UTC - 5 weeks ago
Bitfinex BTCUSD @ 7572.70000000
Kraken XXBTZUSD @ 7547.10000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00340579 BTC with a 0.341% return
Bitcoin Trade Size
This contributes to a profit of 0.115797 BTC if you devote 34 BTC of BTCUSD at Bitfinex at the price of 7,572.70 and buy the matching size of 34 bitcoin of XXBTZUSD at Kraken for 7,547.10 resulting in $873.80 gain with the current price of bitcoin set at 7,546 USD. Presently the advice is to look at this more, this will return a profit when done to the sound of 0.003406 for every one bitcoin. With the information on hand indicates that the gains would be causing needed doubt to proceed especially seeing the choice of Bitmex ETHUSD to Poloniex BTC_ETH giving 0.01762297 bitcoin return per 1 BTC 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 23rd December 2019 12:50:30, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.