Our 11th update on Bitfinex to Bitstamp with BTCEUR BTCEUR since 4th December 2019. Since the 6th August 2019 we have been covering Bitfinex's BTCEUR and Bitstamp's BTCEUR pairings arbitrage spreads, presently there is an available 0.46% return executing this trade as it is momentarily showing steady this week, the match is positioned at 21.06 from 21:39:49 today looking at profit of 0.00413790 bitcoin with every one bitcoin traded. Since we began we have watched a arbitrage high reach of 235.17 this year alone. In the last 24 hours the spread reached a high of 45.13 meaning -190.04 decrease this year providing a 81% decrease. Bitfinex's BTCEUR and Bitstamp's BTCEUR is placed 33rd currently. This spread isn't a great change, and should be treated as such with Bitfinex BTCUSD to Binancefutures BTCUSDT and Bitmex ETHUSD to Poloniex BTC_ETH which should take your trading yen.
5th December 2019 21:39:49 UTC - 42 weeks ago
Bitfinex BTCEUR @ 6668.50000000
Bitstamp BTCEUR @ 6647.44000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00413790 BTC with a 0.46% return
Bitcoin Trade Size
This nets a profit of 0.0993 BTC when you devote 24 bitcoin of BTCEUR at Bitfinex at the market price of 6,668.50 and order the interchangable amount of 24 BTC of BTCEUR at Bitstamp set at 6,647.44 providing a 731.21 USD gain with the current price of BTC set at 7,364 USD. Our recommendation this morning is to inquire this arbitrage opportunity more, as it would result in profit if carried out to the tune of 0.0041379 for each 1 BTC.
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 5th December 2019 21:39:49, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.