Our 2nd update on Bitmex's ETHUSD and Bitfinex's ETHUSD combo pairs since 22nd March 2020. Since the 4th September 2019 we have been covering Bitmex's ETHUSD and Bitfinex's ETHUSD match up arbitrage combination, currently you can get 0.27% return executing this recommendation as it is currently showing reliable this Thursday, the match is positioned at 0.56 at 07:55 today looking at profit of 0.00006434 bitcoin with every 1 BTC traded. Since we began we have viewed a arbitrage high of 2.27 in the past month between Bitmex and Bitfinex. In the last 24 hours the spread reached a high of 2.07 resulting in a -57.29 short this year providing a 96.5% contraction. Bitmex to Bitfinex with ETHUSD ETHUSD is positioned 110th from a catalog of 225 positions. This arbitrage opportunity is not looked upon as a high yield change, and not the same as HBDM BTC_CQ to Binance BTCTUSD and Bitmex ETHUSD to Poloniex BTC_ETH which should be considered.
30th April 2020 07:55:12 UTC - 4 weeks ago
Bitmex ETHUSD @ 220.75000000
Bitfinex ETHUSD @ 220.19000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00006434 BTC with a 0.27% return
Bitcoin Trade Size
This renders a profit of 0.0020 bitcoin when you put up 31 BTC of ETHUSD at Bitmex at the price of 220.75000000 and order the matching size of 31 BTC of ETHUSD at Bitfinex for 220.19000000 meaning a $18.34 gain with BTC positioned at 9,171 USD per 1 bitcoin. Currently we recommend that look at this more, as it would return a profit if carried out to the sound of 0.000064 to each one BTC. The general idea points that the gains will be small causing doubt to proceed seeing the opportunity of Bitmex ETHUSD to Poloniex BTC_ETH resulting in 0.02406908 bitcoin return per one bitcoin at 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 30th April 2020 07:55:12, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.