Our 18th update on Bitfinex to Kraken with BTCUSD XXBTZUSD since 25th November 2019. Bitfinex's BTCUSD and Kraken's XXBTZUSD combination pairs reached a 28 day period high on the 25th November 2019 at 05:25 marking a 36.8% decrease from the ninety day high of 218.2, making a spread of -80.4 over 61 days, the match is positioned at 40.2 at 13:55 today looking at profit of 0.00566914 BTC with every one BTC spent. Since we began we have verified a arbitrage high reach of 622.8 this year. In the last 24 hours the spread reached a high of 59.6 resulting in a -563.2 shortening from the year high resulting in a 90.4% change from that high. Bitfinex's BTCUSD and Kraken's XXBTZUSD combo pairs is 20th from a catalog of 219 we track. This combination isn't looked upon as a crazy development, and not profitable like Bitfinex BTCUSD to Binance BTCPAX and Bitmex ETHUSD to Poloniex BTC_ETH which should be investigated.
2nd December 2019 13:55:34 UTC - 31 weeks ago
Bitfinex BTCUSD @ 7351.60000000
Kraken XXBTZUSD @ 7311.50000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00566914 BTC with a 0.57% return
Bitcoin Trade Size
This gives an income of 0.020 BTC when you close 3.5 bitcoin of BTCUSD at Bitfinex at the price of 7,351.70 and buy the twin amount of 3.5 BTC of XXBTZUSD at Kraken for 7,311.50 giving a $146.05 gain with BTC holding at $7,303 per 1 bitcoin. Presently you will want to look more seriously at this pairing, as it would provide profit if executed to the amount of 0.005669 for every 1 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 2nd December 2019 13:55:34, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.