Our 6th update on Bitfinex to Bitstamp with LTCUSD LTCUSD since 29th November 2019. Bitfinex LTCUSD to Bitstamp LTCUSD reached a 14 day period high on the 25th November 2019 at 05:41 marking an overall 18.1% shortening from the sixty day high of 0.695, making a difference of -0.126 over the 15 days, the pairing currently spreads at 0.181 as of 5th December 2019 from 18:29:09 with a profit of 0.00003535 bitcoin for every 1 BTC exchanged. Since tracking started we have verified this spread topping off at 0.695 since the 1st of December 2019. In the last 24 hours the spread reached a high of 0.393 resulting in a -5.107 decrease this year resulting in a 92.9% contraction from that spread. Bitfinex LTCUSD to Bitstamp LTCUSD is placed 113th from a selection of 217 spreads we support. This arbitrage opportunity isn't a fanciful development, and nowhere near Bitfinex BTCUSD to Binancefutures BTCUSDT and Bitmex ETHUSD to Poloniex BTC_ETH which should take you.
5th December 2019 18:29:09 UTC - 8 weeks ago
Bitfinex LTCUSD @ 44.84100000
Bitstamp LTCUSD @ 44.66000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00003535 BTC with a 0.5831% return
Bitcoin Trade Size
This provides an income of 0.00177 BTC when you auction 50 bitcoin of LTCUSD at Bitfinex at the price of 44.84100000 and order the very same volume of 50 BTC of LTCUSD at Bitstamp priced at 44.66000000 meaning a 13.02 USD profit with BTC stable at 7,354 USD. The signals indicate research this arbitrage opportunity more, as it would provide profit if done to the tune of 0.00003535 for each 1 BTC. The spread shown indicates that the gains would be limited causing obvious doubt to proceed, notably when you consider the profits presented by Bitmex ETHUSD to Poloniex BTC_ETH resulting in 0.02004079 bitcoin profit per 1 BTC 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 5th December 2019 18:29:09, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.