Our 6th update on Bitfinex ETHUSD to Bitmex ETHUSD since 15th November 2019. Bitfinex Bitmex with ETHUSD ETHUSD reached a 28 day period high on the 25th October 2019 at 15:52 marking a 43% shortening from the sixty day high of 4.6, signaling a spread of -1.96 over the 31 days, the combination is positioned at 0.89 from 11:23:45 today with a profit of 0.00011612 BTC for every 1 BTC exchanged. Since we began we have viewed a spread high of 1.36 in the past month between Binance and Bitstamp. In the last 24 hours the spread reached a high of 1.36 resulting in a -3.24 shortening from the year high resulting in a 70% change from that high. Bitfinex ETHUSD to Bitmex ETHUSD is placed 117th out of a possible 244 positions. This arbitrage combination isn't a premium occurrence, and not profitable like HBDM BTC_CQ to Binance BTCUSDC and Binance ETHUSDT to Kraken XETHXXBT with it being more appeal.
19th November 2019 11:23:45 UTC - 33 weeks ago
Bitfinex ETHUSD @ 176.64000000
Bitmex ETHUSD @ 175.75000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00011612 BTC with a 0.54% return
Bitcoin Trade Size
This gives an income of 0.00174 bitcoin if you offload 15 BTC of ETHUSD at Bitfinex at the price of 176.64000000 and buy the same volume of 15 BTC of ETHUSD at Bitmex priced at 175.75000000 providing a 14.09 USD net gain with BTC fixed at 8,095 USD. Currently we recommend that traders look into this pairing more, as it would provide profit when executed to the tune of 0.00011612 per one BTC. The current standing would be indicates that the profits will be very small rendering it not worthwhile when you consider the option of Binance ETHUSDT to Kraken XETHXXBT resulting in 0.02172724 bitcoin profit per 1 bitcoin at this moment.
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 19th November 2019 11:23:45, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.