Our 3rd update on Bitfinex's LTCUSD and Binance's LTCUSDT combination pairs since 27th September 2019. On the 26th March 2019 we included tracking of Bitfinex's LTCUSD and Binance's LTCUSDT match up arbitrage spreads, currently there is an available 0.357% return executing this trade as it is momentarily displaying okay return today, the combination currently is spread at 0.193 at 03:50 today looking at profit of 0.00002495 BTC for every 1 BTC spent. Since we began we have verified a arbitrage high reach of 1.701 since October began. In the last 24 hours the spread reached a high of 0.362 resulting in a -4.668 shortening on the year creating a 92.80% decrease. Bitfinex's LTCUSD and Binance's LTCUSDT match up is positioned 99th out of 182 spreads we positions. This arbitrage combination isn't treated as a high yield opportunity, and should be considered as such with HBDM BTC_CQ to Kraken XXBTZUSD and Binance ETHUSDT to Kraken XETHXXBT which should take your attention.
9th October 2019 03:50:43 UTC - 2 weeks ago
Bitfinex LTCUSD @ 57.09300000
Binance LTCUSDT @ 56.90000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00002495 BTC with a 0.357% return
Bitcoin Trade Size
This harvests a profit of 0.0019 BTC if you devote 76 BTC of LTCUSD at Bitfinex at the price of 57.09300000 and order the identical quantity of 76 BTC of LTCUSDT at Binance priced at 56.90000000 providing a 15.46 USD net gain with BTC fixed at $8,136 per one BTC. Currently we recommend that look into this, this will return a profit if executed to the amount of 0.000025 for every 1 BTC. With the data returned indicates that the gains would be poor rendering it not worthwhile, specifically when presented with the opportunity of Binance ETHUSDT to Kraken XETHXXBT providing 0.02209199 bitcoin return per one BTC 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 9th October 2019 03:50:43, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.