Our 1st update on Huobi's BTCNW to Binance's BTCUSDT since 10th August 2019. Bitfinex and Binance's ETHUSD and ETHUSDT reached a 28 day period high on the 16th July indicating an overall 59.9% shortening from the sixty day high of 9.71, confirming a spread of -5.82 over 20 days, the match currently is spread at 0.4 from 05:45:38 today looking at profit of 0.00003953 bitcoin for every 1 bitcoin traded. Since tracking proceeded we have viewed a range high reach of 3.89 since the beginning of August 2019. In the last 24 hours the spread reached a high of 0.59 resulting in a -14.86 short from the year high resulting in a 96.2% decrease from that high. Bitfinex's ETHUSD and Binance's ETHUSDT match up is placed 85th currently. This combination should not be considered a fantastic activity, and nowhere near HBDM BTC_CQ to HBDM BTC_CW and Binance BCHABCBTC to Kraken BCHXBT which should take your attention.
13th August 2019 05:45:38 UTC - 23 weeks ago
Bitfinex ETHUSD @ 210.38000000
Binance ETHUSDT @ 209.98000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00003953 BTC with a 0.21% return
Bitcoin Trade Size
This gives an income of 0.0018184 BTC if you devote 46 bitcoin of ETHUSD at Bitfinex at the price of 210.38000000 and order the corresponding amount of 46 BTC of ETHUSDT at Binance for 209.98000000 meaning a 20.70 USD gain with the current price of BTC set at $11,383. Currently we recommend that traders investigate this arbitrage pairing more, as it would provide profit if executed to the sound of 0.0000395 per one bitcoin. With the data returned points that the gains will be inadequate causing needed doubt to proceed, notably when presented with the opportunity of Binance BCHABCBTC to Kraken BCHXBT providing 0.02905445 bitcoin return per 1 BTC as of 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 13th August 2019 05:45:38, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.