Our 19th update on Huobi's and Bitstamp's BTC_CQ to BTCUSD since 7th March 2020. Bitfinex's DSHBTC to Binance's DASHBTC reached a 28 day period high on the 28th February indicating a 5.9% shortening from the sixty day high of 0.000337, making a spread of -2.0E-5 during the 17 days, the match is sat at 6.24E-5 from 10:50:23 today with a profit of 0.00006240 bitcoin for every one bitcoin exchanged. Since tracking started we have witnessed a pairing high reach of 0.000317 since the 1st of March 2020. In the last 24 hours the spread reached a high of 0.00015 meaning -0.000187 short on the year making a 55% reduction. Bitfinex Binance with DSHBTC DASHBTC is placed 168th currently. This spread isn't a premium change, and should be considered as such with Binance BTCPAX to HBDM BTC_NW and Binance BTCUSDT to Bitmex XBTM20 which should be more attractive.
12th March 2020 10:50:23 UTC - 3 weeks ago
Bitfinex DSHBTC @ 0.00872240
Binance DASHBTC @ 0.00866000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00006240 BTC with a 0.7206% return
Bitcoin Trade Size
This nets a profit of 0.0034944 bitcoin when you offload 56 bitcoin of DSHBTC at Bitfinex at the market price of 0.00872240 and buy the matched quantity of 56 BTC of DASHBTC at Binance for 0.00866000 resulting in $21.54 gain with BTC trading at 6,164 USD per 1 BTC. The signals indicate look into this pairing more, as it would return a profit if done to the tune of 0.00006240 to each one bitcoin. With the data returned points that the gains would be curbed rendering it not worthwhile when you consider exchange fees, and especially when faced with the availability of Binance BTCUSDT to Bitmex XBTM20 returning 0.05690221 BTC return per one BTC at 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 12th March 2020 10:50:23, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.