On the 4th September 2019 we started watching of Bitfinex's ETHUSD and Bitmex's ETHUSD combination pairs spread, presently there is an available 0.4554% return executing this trade as it is temporarily holding okay arbitrage return today, the pairing is sitting at 0.67 as of 29th November 2019 from 16:37 looking at profit of 0.00009179 BTC for every 1 bitcoin traded. Since tracking begun we have watched this range topping off at 2.53 since the beginning of November 2019. In the last 24 hours the spread reached a high of 1.2 meaning -3.4 shortening from the year high making a 73.91% reduction from that top spread. Bitfinex's ETHUSD and Bitmex's ETHUSD match up is 105th from a pool of 227 arbitrage combinations monitored. This arbitrage spread is not a fanciful development, and not in the same league as Bitfinex BTCUSD to Binance BTCUSDT and Bitmex ETHUSD to Poloniex BTC_ETH which should take your attention.
29th November 2019 16:37:24 UTC - 2 weeks ago
Bitfinex ETHUSD @ 156.62000000
Bitmex ETHUSD @ 155.95000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00009179 BTC with a 0.4554% return
Bitcoin Trade Size
This nets an income of 0.005416 BTC if you risk 59 bitcoin of ETHUSD at Bitfinex at the price of 156.62000000 and order the corresponding amount of 59 bitcoin of ETHUSD at Bitmex priced at 155.95000000 turning a 41.90 USD net gain with BTC staggering at $7,735. At this moment we recommend that you should examine this more, as it would provide profit when carried out to the sound of 0.000092 per 1 bitcoin. The general idea indicates that the gains would be very small making it not worthwhile, specifically considering the choice of Bitmex ETHUSD to Poloniex BTC_ETH returning 0.02015145 BTC profit per one BTC as of 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 29th November 2019 16:37:24, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
There is a lot more to online trading than you might realise and here we are going to give you seven reasons why we feel that statistical arbitrage is one of the most important aspects involved in online trading.