Our 4th update on Bitfinex and Bitstamp ETHBTC to ETHUSD since 2nd December 2019. Bitfinex's ETHBTC and Bitstamp's ETHUSD combo pairs reached a fourteen day period high on the 5th January 2020 at 23:16 showing a -15.30% increase from the 60 day high of -116.381969, confirming a difference of -17.809702 over 18 days, the pairing is sat at -166.170769 at 11:36 today with a profit of 0.00005296 bitcoin with every 1 BTC traded. Since we began we have verified its pairing top out at -125.531715 in the past month between Binance and Poloniex. In the last 24 hours the spread reached a high of -163.730878 meaning -47.348909 shortening this year making a -40.68% change. Bitfinex to Bitstamp with ETHBTC ETHUSD is 139th out of 230 arbitrage combinations monitored. This arbitrage opportunity should not be considered a fantastic change, and not in the same league as Okex ETH-USDT to Bitmex ETHH20 and HBDM BTC_CQ to Bitfinex BTCUSD which should be considered.
19th January 2020 11:36:36 UTC - 6 weeks ago
Bitfinex ETHBTC @ 0.01923100
Bitstamp ETHUSD @ 166.19000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00005296 BTC with a 0.2761% return
Bitcoin Trade Size
This gives a profit of 0.005 BTC if you spend 88 bitcoin of ETHBTC at Bitfinex at the current price of 0.01923100 and buy the duplicate amount of 88 bitcoin of ETHUSD at Bitstamp for 166.19000000 turning a 43.18 USD net gain with bitcoin fixed at $8,636. For the time being to look more seriously at this pairing, as it would provide profit if executed to the tune of 0.0000530 for each 1 BTC. The advice indicates that the profits will be confined placing doubt to proceed if you examine transfer outgoings, and, specifically when you consider the profits presented by HBDM BTC_CQ to Bitfinex BTCUSD resulting in 0.02106666 bitcoin return per 1 BTC 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 19th January 2020 11:36:36, 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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