Since the 10th August 2019 we have been supporting of Bitmex's ETHUSD and Binance's ETHUSDT pairings arbitrage opportunities, presently there is an available 0.2218% return executing this swap as it is currently displaying fair this Wednesday, the combination is sat at 0.29 at 20:48 today looking at profit of 0.00004447 bitcoin for every 1 BTC exchanged. Since we began we have watched a pairing high reach of 6.31 this year. In the last 24 hours the spread reached a high of 1.71 meaning -4.6 shortening from the year high providing a 72.9% change from that top spread. Bitmex ETHUSD to Binance ETHUSDT is 114th currently. This arbitrage combination is not treated as a fanciful change, and not profitable like Bitfinex BTCUSD to Huobi BTCUSDT and Bitmex ETHUSD to Poloniex BTC_ETH which should be followed.
4th December 2019 20:48:39 UTC - 8 weeks ago
Bitmex ETHUSD @ 149.10000000
Binance ETHUSDT @ 148.81000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00004447 BTC with a 0.2218% return
Bitcoin Trade Size
This nets an income of 0.00235691 bitcoin when you auction 53 BTC of ETHUSD at Bitmex at the market price of 149.10000000 and buy the duplicate quantity of 53 BTC of ETHUSDT at Binance for 148.81000000 providing a 17.49 USD gain with bitcoin dangling at 7,421 USD per one BTC. Presently you will want to research this arbitrage opportunity more, as it would result in profit when done to the amount of 0.0000445 to each 1 BTC. The information provided indicates that the gains will be very small rendering it not worthwhile, specifically when you consider the profits granted by Bitmex ETHUSD to Poloniex BTC_ETH returning 0.02008891 BTC profit per 1 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 4th December 2019 20:48:39, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
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