On 19th May 2019 we started supporting tracking for of Bitfinex's BTCUSD and Binance's BTCPAX combination pairs arbitrage opportunities, as of now you can get 0.47% return executing this swap as it is momentarily displaying constant this Tuesday, the match is sat at 47.08 as of 13th August 2019 from 11:56 looking at profit of 0.00471281 bitcoin for every one BTC spent. Since tracking started we have verified the spread height of 121.76 in the past month. In the last 24 hours the spread reached a high of 59.15 resulting in a -949.35 shortening on the year signalling a 94.13% decrease from that high. Bitfinex BTCUSD to Binance BTCPAX is placed 16th currently. This arbitrage opportunity isn't a special change, and not the same as HBDM BTC_CQ to HBDM BTC_CW and Binance BCHABCUSDT to Kraken BCHXBT with it being more attractive.
13th August 2019 11:56:27 UTC - 23 weeks ago
Bitfinex BTCUSD @ 11296.00000000
Binance BTCPAX @ 11248.92000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00471281 BTC with a 0.47% return
Bitcoin Trade Size
This contributes to a profit of 0.0365 bitcoin if you auction 7.75 BTC of BTCUSD at Bitfinex at the current price of 11,296.00 and buy the very same size of 7.75 BTC of BTCPAX at Binance priced at 11,248.92 giving a $411.79 net gain with bitcoin stable at 11,282 USD. Presently you will want to look at the arbitrage spreads opportunities, this will return a profit when done to the sound of 0.0047128 per one bitcoin.
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 11:56:27, 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.