Bitfinex and Bitstamp's ETHUST and ETHUSD reached a fourteen day period high on the 8th November 2019 at 08:26 showing a 73.0% shortening from the sixty day high of 3.22, confirming a spread of -2.35 in 45 days, the match currently is spread at 0 as of 16th November from 15:28:12 looking at profit of 0.00003531 bitcoin with every one bitcoin traded. Since tracking begun we have watched a arbitrage high of 1 in the past month. In the last 24 hours the spread reached a high of 0.47 meaning -52.73 shortening on the year creating a 99.1% change. Bitfinex's ETHUST and Bitstamp's ETHUSD match up is positioned 141st out of the 223 combinations monitored. This arbitrage combination is not treated as a fantastic activity, and not in the same league as HBDM BTC_CQ to Binance BTCPAX and Bitfinex ETHBTC to Bitmex ETHZ19 which should appeal more.
16th November 2019 15:28:12 UTC - 10 weeks ago
Bitfinex ETHUST @ 182.38000000
Bitstamp ETHUSD @ 182.38000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00003531 BTC with a 0.1647% return
Bitcoin Trade Size
This gives an income of 0.0022952 BTC when you offload 65 bitcoin of ETHUST at Bitfinex at the current price of 182.38000000 and order the interchangable size of 65 BTC of ETHUSD at Bitstamp set at 182.38000000 resulting in $19.50 profit with BTC stable at 8,495 USD. The signals expressed show that you should look into this arbitrage opportunity more, as it would provide profit when executed to the amount of 0.000035 for every 1 BTC. The data returned indicates that the profits would be meager making it not worthwhile when you contemplate exchange and transfer commissions, and especially when presented with the availability of Bitfinex ETHBTC to Bitmex ETHZ19 resulting in 0.02149247 bitcoin return per 1 bitcoin currently.
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 16th November 2019 15:28:12, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.