Our 8th update on Bitfinex's ETHUSD and Binance's ETHBTC pairings since 1st November 2019. On 10th August 2019 executium included tracking of Bitmex to Binance with ETHUSD ETHUSDT spread, these past 7 minutes you can get 0.3153% return executing this recommendation as it is momentarily holding constant since Thursday, the pairing is sitting at 0.58 from 18:35:19 today looking at profit of 0.00006418 bitcoin for every one BTC traded. Since tracking proceeded we have viewed this topping off at 6.31 in the past month. In the last 24 hours the spread reached a high of 1.57 resulting in a -4.74 short on the year making a 75.12% contraction from that high. Bitmex and Binance's ETHUSD and ETHUSDT is 114th from a pool of 211 spreads we track. This combination isn't a excellent opportunity, and nowhere near Bitmex XBTZ19 to Binance BTCUSDT and HBDM BTC_CQ to Bitfinex BTCUST which should be followed.
5th November 2019 18:35:19 UTC - 2 weeks ago
Bitmex ETHUSD @ 190.90000000
Binance ETHUSDT @ 190.35000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00006418 BTC with a 0.3153% return
Bitcoin Trade Size
This pays an income of 0.0011 bitcoin when you auction 17 BTC of ETHUSD at Bitmex at the current price of 190.90000000 and order the matched quantity of 17 bitcoin of ETHUSDT at Binance set at 190.32000000 turning a 10.28 USD profit with the current price of bitcoin set at $9,349. We would advise investigate this arbitrage opportunity more, as it would result in profit if carried out to the tune of 0.00006418 to each 1 bitcoin. With everything reported it seems points that the gains will be risky placing doubt to proceed, specifically when presented with the opportunity of HBDM BTC_CQ to Bitfinex BTCUST giving 0.02332126 BTC 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 November 2019 18:35:19, 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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