Our 18th update on Bitfinex's ETHUSD and Kraken's XETHZUSD since 29th September 2020. On 6th August 2019 we started supporting of Bitfinex to Kraken with ETHUSD XETHZUSD combination, presently there is an available 0.15% return executing this trade as it is currently displaying decent return since Tuesday, the match is positioned at 0.5 as of 2nd October from 09:13:56 looking at profit of 0.00004878 BTC for every 1 bitcoin traded. Since we began we have witnessed the arbitrage height of 20.56 in the past month. In the last 24 hours the spread reached a high of 1.83 meaning -22.1 decrease this year creating a 92.4% reduction. Bitfinex's ETHUSD and Kraken's XETHZUSD combo pairs is 118th from 237 combinations. This spread should not be considered a high yield activity, and nowhere near HBDM BTC_CQ to Bitfinex BTCF0:USTF0 and Bitmex ETHUSD to Poloniex BTC_ETH which should take your yen.
2nd October 2020 09:13:56 UTC - 29 weeks ago
Bitfinex ETHUSD @ 339.82000000
Kraken XETHZUSD @ 339.32000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00004878 BTC with a 0.15% return
Bitcoin Trade Size
This earns a profit of 0.001 bitcoin if you risk 22 BTC of ETHUSD at Bitfinex at the price of 339.82000000 and buy the duplicate amount of 22 BTC of XETHZUSD at Kraken for 339.32000000 yielding a 10.46 USD gain with bitcoin positioned at 10,455 USD. The signals demonstrate scrutinize this pairing more, as it would return a profit when performed to the sound of 0.0000488 to each one BTC. The data displayed points that the profits will be stunted causing doubt to proceed when you contemplate commissions, and, chiefly when presented with the profits granted by Bitmex ETHUSD to Poloniex BTC_ETH returning 0.03245844 bitcoin profit per 1 bitcoin 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 2nd October 2020 09:13:56, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.