Our 2nd update on Bitmex's ETHUSD and Bitfinex's ETHBTC match up since 25th October 2019. Since the 4th September 2019 we have been watching of Bitmex's and Bitfinex's ETHUSD to ETHBTC arbitrage spreads, these past 9 minutes you can get 0.31% return executing this recommendation as it is currently holding decent this Thursday, the match currently is spread at 183.680268 at 12:51 today looking at profit of 0.00006049 BTC with every 1 bitcoin spent. Since we began we have watched the height of 199.780989 since the beginning of October. In the last 24 hours the spread reached a high of 185.679895 meaning -38.847915 decrease this year creating a 17.3% shortening from that spread. Bitmex's ETHUSD and Bitfinex's ETHBTC combination pairs is placed 112th currently. This combination is not looked upon as a crazy action, and not the same as HBDM BTC_CQ to Binance BTCPAX and Bitfinex ETHBTC to Bitmex ETHZ19 with it being more attractive.
31st October 2019 12:51:03 UTC - 2 weeks ago
Bitmex ETHUSD @ 183.70000000
Bitfinex ETHBTC @ 0.01973800
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00006049 BTC with a 0.31% return
Bitcoin Trade Size
This gives an income of 0.002 BTC if you risk 27.5 BTC of ETHUSD at Bitmex at the current price of 183.70000000 and order the duplicate amount of 27.5 BTC of ETHBTC at Bitfinex for 0.01973200 meaning a 18.56 USD gain with BTC trading at 9,281 USD per 1 bitcoin. Right now we recommend to look at this more, as it would result in profit when performed to the amount of 0.000060 per 1 bitcoin. With everything shown, details confirm points that the profits would be limited placing doubt to proceed when you examine transfer commissions, and considering the profits given by Bitfinex ETHBTC to Bitmex ETHZ19 returning 0.01972888 bitcoin profit per one BTC currently.
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 31st October 2019 12:51:03, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.