Bitfinex to Binance Futures with BTCUSD BTCUSDT reached a twenty eight day high on the 13th September 2020 at 11:31 indicating a 36% decrease from the sixty day high of 153.58, confirming a spread of -54.78 over the 9 days, the pairing is positioned at 16.48 as of 9th October 2020 from 08:06 with a profit of 0.00151390 bitcoin with every one bitcoin traded. Since tracking begun we have watched the height of 98.8 in the past month. In the last 24 hours the spread reached a high of 37 meaning -721.73 shortening on the year making a 95.12% decrease. Bitfinex BTCUSD to Binance Futures BTCUSDT is 33rd from a pool of 227 arbirtage opportunities. This arbitrage opportunity is not looked upon as superb development, and not the same as HBDM BTC_CQ to Bitmex XBTUSD and Bitmex ETHUSD to Poloniex BTC_ETH which should take your cash.
9th October 2020 08:06:15 UTC - 28 weeks ago
Bitfinex BTCUSD @ 10905.00000000
Binance Futures BTCUSDT @ 10888.52000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00151390 BTC with a 0.15% return
Bitcoin Trade Size
This results in a profit of 0.031 BTC when you spend 20.5 bitcoin of BTCUSD at Bitfinex at the price of 10,905.00 and buy the same volume of 20.5 BTC of BTCUSDT at Binance Futures priced at 10,888.52 turning a $337.66 net gain with BTC positioned at 10,892 USD. We would advise to look more seriously at this pairing, as it would provide profit if executed to the sound of 0.00151390 to each 1 BTC. The information provided indicates that the profits would be stunted causing obvious doubt to proceed, chiefly when you have the opportunity of Bitmex ETHUSD to Poloniex BTC_ETH resulting in 0.03220302 bitcoin return per 1 bitcoin 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 2020 08:06:15, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
We have been keeping our heads down and developing our Marker Taker Spread Trading Functionality for a little while now, and we are getting closer and closer to releasing this in the near to medium future.