Our 4th update on Bitmex's ETHUSD and Bitfinex's ETHBTC combination pairs since 5th December 2019. On 4th September 2019 we included covering of Bitmex ETHUSD to Bitfinex ETHBTC arbitrage combination, presently there is an available 0.3980% return running this swap as it is currently displaying fair return today, the pairing is sitting at 152.079905 at 18:42 today looking at profit of 0.00007998 bitcoin for every one bitcoin exchanged. Since we began we have seen its range top out at 190.379069 since December began. In the last 24 hours the spread reached a high of 152.229923 meaning -72.297887 decrease this year making a 32% decrease. Bitmex to Bitfinex with ETHUSD ETHBTC is 96th currently. This arbitrage combination isn't a fanciful development, and not profitable like Bitfinex BTCUSD to Binance BTCUSDT and Bitmex ETHUSD to Poloniex BTC_ETH which should be primary.
8th December 2019 18:42:08 UTC - 7 weeks ago
Bitmex ETHUSD @ 152.10000000
Bitfinex ETHBTC @ 0.02009500
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00007998 BTC with a 0.3980% return
Bitcoin Trade Size
This contributes to a profit of 0.004 bitcoin if you sell 49 BTC of ETHUSD at Bitmex at the price of 152.10000000 and order the duplicate size of 49 bitcoin of ETHBTC at Bitfinex set at 0.02009500 yielding a $30.16 gain with the current price of BTC set at $7,539 per one bitcoin. The signals indicate look at the arbitrage opportunities opportunities, this will return a profit if carried out to the amount of 0.000080 per one bitcoin. The data returned points that the gains would be modest placing doubt to proceed when you accept commissions, and, specifically when presented with the choice of Bitmex ETHUSD to Poloniex BTC_ETH giving 0.02017232 BTC profit per one BTC 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 8th December 2019 18:42:08, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
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