Since the 6th May 2020 we have been supporting of Bitmex's ETHUSDM20 and Bitstamp's ETHBTC combo pairs spread, currently there is an available 4.2640% return executing this trade as it is currently showing stout arbitrage return today, the pairing currently is spread at 217.12748305 as of 23rd May 2020 from 05:26:09 looking at profit of 0.00096012 BTC with every 1 bitcoin traded. Since tracking proceeded we have verified the pairing height of 234.72838 in the past month. In the last 24 hours the spread reached a high of 220.427304 meaning -14.301076 decrease from the year high signalling a 6.09% decrease. Bitmex and Bitstamp ETHUSDM20 to ETHBTC is placed 24th currently. This arbitrage spread isn't looked upon as a excellent movement, and nowhere near Bitmex XBTM20 to Binance BTCUSDT and Cexio ETH-BTC to Kraken XETHXXBT which should take your trading dollars.
23rd May 2020 05:26:09 UTC - 21 weeks ago
Bitmex ETHUSDM20 @ 217.15000000
Bitstamp ETHBTC @ 0.02251695
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00096012 BTC with a 4.2640% return
Bitcoin Trade Size
This contributes to an income of 0.0115 bitcoin if you invest 12 bitcoin of ETHUSDM20 at Bitmex at the current price of 217.15000000 and buy the matching size of 12 bitcoin of ETHBTC at Bitstamp set at 0.02251695 providing a $106.37 gain with bitcoin positioned at 9,249 USD. At present we recommend to look at this more, as it would result in profit when performed to the amount of 0.00096012 for every one bitcoin. The data displayed indicates that the gains will be poor rendering it not worthwhile, specifically when presented with the option of Cexio ETH-BTC to Kraken XETHXXBT resulting in 0.02252057 bitcoin profit per 1 BTC this Saturday.
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 23rd May 2020 05:26:09, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
I write this journal to go over the basics of trading digital assets on liquid exchanges. I will not delve deeply into fundamentals of the assets unless it is necessary to explain the trading strategy.