Our 3rd update on Binance's and Bitstamp's ETHBTC to ETHUSD since 16th December 2019. Bitmex's XBTUSD and Bitfinex's BTCUSD reached a 14 day period high on the 7th January 2020 at 00:41 indicating an overall 55.27% shortening from the ninety day high of 175.5, signaling a difference of -97 in 73 days, the match is sitting at 19.9 at 16:51 today with a profit of 0.00244696 bitcoin with every one bitcoin traded. Since we began we have seen a spread high reach of 78.5 since the 1st of January 2020. In the last 24 hours the spread reached a high of 39 meaning -375.5 short this year marking a 90.6% contraction from that spread. Bitmex Bitfinex with XBTUSD BTCUSD is positioned 48th currently. This arbitrage opportunity isn't a special change, and should be treated as such with HBDM BTC_CQ to Binance BTCUSDT and HBDM BTC_CQ to Bitfinex BTCUSD with it being more attractive.
11th January 2020 16:51:56 UTC - 2 weeks ago
Bitmex XBTUSD @ 8167.00000000
Bitfinex BTCUSD @ 8147.10000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00244696 BTC with a 0.25% return
Bitcoin Trade Size
This nets an income of 0.03426 BTC when you put up 14 BTC of XBTUSD at Bitmex at the current price of 8,167.00 and buy the very same size of 14 BTC of BTCUSD at Bitfinex priced at 8,147.10 yielding a 280.02 USD gain with bitcoin holding at 8,173 USD. Our recommendation is to look at this more, as it would return a profit when performed to the amount of 0.002447 for every one bitcoin. With the information on hand points that the gains will be curbed causing obvious doubt to proceed when you pay commissions, and considering the opportunities presented by HBDM BTC_CQ to Bitfinex BTCUSD returning 0.02222570 BTC return per 1 bitcoin 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 11th January 2020 16:51:56, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.