Since the 6th August 2019 we have been monitoring of Bitmex and Binance's XBTUSD and BTCUSDT arbitrage spreads, these past 9 minutes there is an available 0.3596% return executing this trade as it is temporarily showing okay arbitrage return since Thursday, the combination is positioned at 33.34 from 18:37:03 today with a profit of 0.00359616 BTC with every one BTC traded. Since tracking begun we have watched a range high reach of 1021.5 since November began. In the last 24 hours the spread reached a high of 46.58 meaning -974.92 short from the year high signalling a 95.44% shortening from that top spread. Bitmex to Binance with XBTUSD BTCUSDT is 33rd from a catalog of 210 spreads we track. This spread isn't a fantastic opportunity, and not the same as HBDM BTC_CQ to Binance BTCTUSD and Binance ETHUSDT to Kraken XETHXXBT with it being more attractive.
2nd November 2019 18:37:03 UTC - 2 weeks ago
Bitmex XBTUSD @ 9315.50000000
Binance BTCUSDT @ 9282.16000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00359616 BTC with a 0.3596% return
Bitcoin Trade Size
This gives a profit of 0.08361 BTC when you spend 23.25 BTC of XBTUSD at Bitmex at the market price of 9,315.50 and buy the same volume of 23.25 bitcoin of BTCUSDT at Binance priced at 9,282.16 resulting in 776.08 USD profit with the current price of bitcoin set at $9,282. Presently you will want to look at this more, as it would provide profit when done to the sound of 0.003596 for each 1 BTC. The thought process points that the profits will be meager causing obvious doubt to proceed when you examine transfer and exchange commissions, and when you have the profits presented by Binance ETHUSDT to Kraken XETHXXBT returning 0.01982523 bitcoin return per 1 bitcoin at present.
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 November 2019 18:37:03, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.