Our 10th update on Bitfinex's BTCUSD and Binance's BTCUSDT combination pairs since 26th November 2019. On the 12th April 2019 we added capturing of Bitfinex ETHBTC to Bitstamp ETHUSD arbitrage spreads, as of now there is an available 0.16% return executing this trade as it is momentarily holding constant today, the match currently is spread at -148.169678 as of 2nd December from 14:44 looking at profit of 0.00003191 BTC for every one BTC spent. Since tracking proceeded we have viewed this pairing topping off at -131.739823 this year. In the last 24 hours the spread reached a high of -146.859506 meaning -15.119683 decrease from the year high resulting in a -11% reduction of that previous height. Bitfinex to Bitstamp with ETHBTC ETHUSD is positioned 120th out of a possible 214 arbirtage opportunities. This spread isn't treated as a great action, and should be treated as such with Bitfinex BTCUSD to Bitfinex BTCF0:USTF0 and Bitmex ETHUSD to Poloniex BTC_ETH with it being more appeal.
2nd December 2019 14:44:50 UTC - 2 weeks ago
Bitfinex ETHBTC @ 0.02032200
Bitstamp ETHUSD @ 148.19000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00003191 BTC with a 0.16% return
Bitcoin Trade Size
This results in a profit of 0.00144 bitcoin if you offload 45 BTC of ETHBTC at Bitfinex at the price of 0.02032200 and buy the exact quantity of 45 BTC of ETHUSD at Bitstamp priced at 148.19000000 turning a 10.51 USD net gain with BTC fixed at 7,297 USD. For the time being look at this more, as it would return a profit if carried out to the tune of 0.0000319 for each one BTC. The advice would be indicates that the gains will be curbed placing doubt to proceed if you pay transfer fees, and especially when presented with the choice of Bitmex ETHUSD to Poloniex BTC_ETH providing 0.02032050 BTC return per 1 BTC at present.
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 2nd December 2019 14:44:50, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.