Our second opportunity to commentate on Huobi's EOSCQ and Binance's EOSUSDT match up since 20th September. Bitfinex's and Bitstamp's BTCEUR to BTCEUR reached a seven day period high on the 4th November 2019 at 20:19 indicating a 66.4% decrease from the sixty day high of 166.3, signaling a difference of -110.4 over the 41 days, the match is sitting at 4.06 as of 7th November from 12:46 looking at profit of 0.00152169 bitcoin with every one BTC exchanged. Since we began we have seen the arbitrage height of 104.7 since the beginning of November. In the last 24 hours the spread reached a high of 31.15 resulting in a -204.02 short this year signalling a 86.75% decrease from that spread. Bitfinex BTCEUR to Bitstamp BTCEUR is 43rd from a pool of 227 positions. This spread should not be considered a premium change, and should be treated as such with Bitfinex ETHF0-USTF0 to Kraken XETHXXBT and HBDM BTC_CQ to Binance BTCUSDC which should be considered.
7th November 2019 12:46:38 UTC - 29 weeks ago
Bitfinex BTCEUR @ 8290.20000000
Bitstamp BTCEUR @ 8286.69000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00152169 BTC with a 0.169% return
Bitcoin Trade Size
This earns an income of 0.10803999 bitcoin if you put up 71 bitcoin of BTCEUR at Bitfinex at the current price of 8,289.80 and buy the corresponding amount of 71 BTC of BTCEUR at Bitstamp set at 8,285.74 providing a 991.16 USD gain with bitcoin trading at $9,174. For the time being look at this more, as it would return a profit when done to the amount of 0.0015217 for each one bitcoin. The thought process points that the gains would be inadequate making it not worthwhile, specifically when given the profits presented by HBDM BTC_CQ to Binance BTCUSDC providing 0.02083170 bitcoin profit per 1 BTC 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 7th November 2019 12:46:38, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.