On 14th May 2019 we added monitoring of Bitfinex to Bitstamp with LTCUSD LTCUSD arbitrage opportunities, presently there is an available 0.41% return swapping this trade as it is currently holding reliable arbitrage return since Thursday, the combination currently spreads at 0.275 from 07:13:40 today looking at profit of 0.00002936 bitcoin with every one BTC exchanged. Since tracking proceeded we have seen a range high of 1.106 since the beginning of August 2019, in the last 24 hours the spread reached a high of 0.677000 resulting in a -4.823 shortening from the year high providing a 88% change of that previous height. Bitfinex and Bitstamp's LTCUSD and LTCUSD is 81st out of a possible 263 combinations tracked. This arbitrage spread is not looked upon as a high yield occurrence, and not in the same league as Binance ETHUSDT to Kraken XETHXXBT and Bittrex BTC-XMR to Bitfinex XMRBTC which should be investigated.
10th August 2019 07:13:40 UTC - 2 weeks ago
Bitfinex LTCUSD @ 85.685
Bitstamp LTCUSD @ 85.41
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00002936 BTC with a 0.41% return
Bitcoin Trade Size
This renders an income of 0.001 bitcoin when you leverage 26 BTC of LTCUSD at Bitfinex at the price of 85.685 and buy the matching volume of 26 BTC of LTCUSD at Bitstamp for 85.41 providing a 11.82 USD net gain with BTC trading at $11,817. The signals indicate look into this arbitrage opportunity more, this will return a profit if carried out to the tune of 0.0000294 for every 1 bitcoin. With the data returned indicates that the profits will be risky placing doubt to proceed especially considering the option of Bittrex BTC-XMR to Bitfinex XMRBTC resulting in 94.17195323 BTC return per 1 BTC 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 10th August 2019 07:13:40, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.