On the 12th April 2019 we added covering of Bitfinex's and Bitstamp's BTCUST to BTCUSD spread, these past 8 minutes there is an available 0.216% return swapping this trade as it is temporarily displaying steady arbitrage return this Tuesday, the combination currently is spread at 11.51 from 11:29:34 today looking at profit of 0.00215332 bitcoin for every 1 bitcoin traded. Since we began we have viewed this arbitrage topping off at 63.5 in the past month. In the last 24 hours the spread reached a high of 26.16 resulting in a -871.44 shortening on the year providing a 97.1% reduction. Bitfinex and Bitstamp's BTCUST and BTCUSD is placed 44th currently. This spread isn't a high yield activity, and not the same as Okex ETH-USDT to Bitmex ETHH20 and Bitmex XBTM20 to Binance BTCUSDT which should take your attention.
21st January 2020 11:29:34 UTC - 5 weeks ago
Bitfinex BTCUST @ 8671.90000000
Bitstamp BTCUSD @ 8660.39000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00215332 BTC with a 0.216% return
Bitcoin Trade Size
This pays a profit of 0.062446 BTC if you devote 29 bitcoin of BTCUST at Bitfinex at the price of 8,671.90 and order the interchangable size of 29 BTC of BTCUSD at Bitstamp set at 8,660.39 yielding a $541.43 profit with BTC jumping around at $8,670. Our recommendation this morning is to look at the spread opportunities, this will return a profit if executed to the amount of 0.002153 per one bitcoin. With everything reported it seems points that the gains would be very small rendering it not worthwhile when presented with the opportunity of Bitmex XBTM20 to Binance BTCUSDT resulting in 0.03168763 bitcoin profit per one BTC as of this moment.
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 21st January 2020 11:29:34, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.