Our 8th update on Poloniex's USDTBTC and Binance's BTCTUSD since 29th January 2020. Bitfinex Kraken with ETHUST XETHZUSD reached a seven day high on the 30th January indicating an overall 50.00% decrease from the 60 day high of 2.6, confirming a spread of -1.3 over the 16 days, the pairing currently is spread at 0.68 at 03:57 today with a profit of 0.00007804 bitcoin with every 1 bitcoin traded. Since tracking proceeded we have verified its range top out at 2.6 in the past month. In the last 24 hours the spread reached a high of 1.05 resulting in a -9.22 shortening on the year resulting in a 90% change. Bitfinex to Kraken with ETHUST XETHZUSD is positioned 141st from a selection of 239 positions. This arbitrage combination isn't superb activity, and not profitable like HBDM BTC_CQ to Bitfinex BTCUST and Bitmex XBTM20 to Binance BTCUSDT which should take your trading dollars.
5th February 2020 03:57:35 UTC - 3 weeks ago
Bitfinex ETHUST @ 189.63000000
Kraken XETHZUSD @ 188.95000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00007804 BTC with a 0.3812% return
Bitcoin Trade Size
This represents an income of 0.00191 BTC when you spend 24.5 bitcoin of ETHUST at Bitfinex at the current price of 189.63000000 and order the matching quantity of 24.5 bitcoin of XETHZUSD at Kraken for 188.95000000 meaning a $17.62 profit with BTC positioned at 9,226 USD. At this moment we recommend look at the spread opportunities, this will return a profit if performed to the sound of 0.00007804 to each 1 BTC. The data returned points that the profits will be inadequate causing doubt to proceed if you recognize commissions, and especially when presented with the profits unlocked by Bitmex XBTM20 to Binance BTCUSDT providing 0.03532033 bitcoin profit per 1 BTC for the time being.
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 February 2020 03:57:35, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.