Bitfinex BTCUSD to Binance BTCTUSD reached a 14 day high on the 3rd August 2019 showing an overall 69% decrease from the ninety day high of 875, signaling a spread of -608 during the 38 days, the pairing is sitting at 26.36 at 07:26 today looking at profit of 0.00333803 BTC for every 1 bitcoin spent. Since tracking started we have watched a range high reach of 267 since August began. In the last 24 hours the spread reached a high of 58.26 resulting in a -816.74 short on the year creating a 93% contraction from that high. Bitfinex's BTCUSD and Binance's BTCTUSD is positioned 20th currently. This arbitrage combination should not be considered a excellent development, and not profitable like HBDM BTC_CQ to Bitfinex BTCUSD and Binance BCHABCBTC to Kraken BCHXBT which should be investigated.
12th August 2019 07:26:36 UTC - 2 weeks ago
Bitfinex BTCUSD @ 11370.00000000
Binance BTCTUSD @ 11343.64000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00333803 BTC with a 0.33% return
Bitcoin Trade Size
This results in an income of 0.06453514 BTC when you auction 19.3333 bitcoin of BTCUSD at Bitfinex at the current price of 11,370.00 and order the corresponding size of 19.3333 bitcoin of BTCTUSD at Binance priced at 11,343.64 turning a $733.12 gain with BTC fixed at $11,360. The signals demonstrate research this arbitrage opportunity more, as it would return a profit when carried out to the sound of 0.00333803 per 1 bitcoin. With the information on hand indicates that the gains will be small making it not worthwhile considering the choice of Binance BCHABCBTC to Kraken BCHXBT returning 0.02940142 bitcoin profit 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 12th August 2019 07:26:36, 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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