Our 14th update on Bitfinex and Bitstamp BTCUSD to BTCUSD since 26th November 2019. Bitfinex to Bitstamp with BTCUSD BTCUSD reached a fourteen day period high on the 21st November 2019 at 15:05 showing a 9.73% decrease from the ninety day high of 190.2, confirming a difference of -18.51 over 58 days, the combination is sitting at 39.5 as of 1st December from 21:39:34 looking at profit of 0.00682365 bitcoin for every 1 bitcoin spent. Since we began we have seen a range high reach of 62.11 in the past month between Bitfinex and Binance. In the last 24 hours the spread reached a high of 62.11 meaning -128.09 shortening from the year high signalling a 67% reduction. Bitfinex's BTCUSD and Bitstamp's BTCUSD combo pairs is positioned 14th currently. This arbitrage spread isn't a crazy occurrence, and not profitable like Bitfinex BTCUSD to Binance BTCUSDT and Bitmex ETHUSD to Poloniex BTC_ETH which should take you.
1st December 2019 21:39:34 UTC - 32 weeks ago
Bitfinex BTCUSD @ 7429.90000000
Bitstamp BTCUSD @ 7390.40000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00682365 BTC with a 0.68% return
Bitcoin Trade Size
This harvests an income of 0.095531 BTC when you offload 14 bitcoin of BTCUSD at Bitfinex at the market price of 7,429.90 and order the exact volume of 14 bitcoin of BTCUSD at Bitstamp priced at 7,390.40 turning a $704.90 profit with bitcoin stable at 7,379 USD. Our recommendation today is to look at the arbitrage spreads opportunities, this will return a profit if performed to the tune of 0.006824 to each one bitcoin.
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 1st December 2019 21:39:34, 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.