Our 7th update on Bitfinex's LTCUSD and Binance's LTCBTC pairings since 13th March 2020. Since the 4th September 2019 we have been monitoring of Bitmex Bitfinex with ETHUSD ETHBTC combination, currently there is an available 0.1440% return running this swap as it is temporarily holding reliable since Wednesday, the combination currently spreads at 367.716241 at 10:09 today looking at profit of 0.00004861 bitcoin with every one bitcoin exchanged. Since we began we have watched this arbitrage topping off at 432.011929 since the beginning of October. In the last 24 hours the spread reached a high of 370.916116 resulting in a -118.893333 decrease from the year high signalling a 24.27% shortening from that top spread. Bitmex's ETHUSD and Bitfinex's ETHBTC match up is 127th currently. This combination isn't a premium activity, and not profitable like HBDM BTC_CQ to Binance BTCTUSD and Bitmex ETHUSD to Poloniex BTC_ETH which should be followed.
1st October 2020 10:09:20 UTC - 29 weeks ago
Bitmex ETHUSD @ 367.75000000
Bitfinex ETHBTC @ 0.03375900
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00004861 BTC with a 0.1440% return
Bitcoin Trade Size
This harvests a profit of 0.00119 bitcoin when you put up 24.5 bitcoin of ETHUSD at Bitmex at the market price of 367.75000000 and buy the very same amount of 24.5 BTC of ETHBTC at Bitfinex set at 0.03375900 yielding a $12.94 gain with BTC holding at $10,878. The signals indicate investigate this arbitrage opportunity more, this will return a profit when performed to the sound of 0.000049 for each one bitcoin. The information provided points that the gains will be limited placing doubt to proceed, notably when given the profits granted by Bitmex ETHUSD to Poloniex BTC_ETH providing 0.03380450 bitcoin profit per one BTC as of right 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 1st October 2020 10:09:20, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.