On the 7th November 2019 we started watching of Bitfinex's BTCUSD and Binance Futures's BTCUSDT combination pairs arbitrage spreads, currently there is an available 0.2097% return running this trade as it is temporarily showing fair since Wednesday, the match is positioned at 18.36 from 07:22:39 today looking at profit of 0.00209868 BTC with every 1 bitcoin exchanged. Since we began we have verified a arbitrage high of 118.37 since February began. In the last 24 hours the spread reached a high of 32.43 meaning -128.04 short this year signalling a 80% change from that top spread. Bitfinex's BTCUSD and Binance Futures's BTCUSDT match up is placed 51st from 235 arbirtage opportunities. This combination is not a crazy change, and not profitable like Binance ETHUSDT to Kraken XETHXXBT and Bitmex XBTM20 to Binance BTCUSDT which should lead you.
28th February 2020 07:22:39 UTC - 6 weeks ago
Bitfinex BTCUSD @ 8780.40000000
Binance Futures BTCUSDT @ 8762.04000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00209868 BTC with a 0.2097% return
Bitcoin Trade Size
This contributes to an income of 0.06645827 BTC if you sell 31.6667 bitcoin of BTCUSD at Bitfinex at the current price of 8,780.40 and order the twin volume of 31.6667 bitcoin of BTCUSDT at Binance Futures for 8,762.04 giving a 581.72 USD profit with BTC holding at 8,753 USD. For the time being we recommend look at the arbitrage opportunities opportunities, this will return a profit when done to the amount of 0.00209868 for every one BTC. The general idea indicates that the profits would be narrow making it not worthwhile when you consider the availability of Bitmex XBTM20 to Binance BTCUSDT providing 0.03180234 bitcoin return per one bitcoin 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 28th February 2020 07:22:39, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
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