Our 7th update on Bitmex ETHUSD to Binance ETHBTC since 5th December 2019. On the 10th August 2019 we started supporting watching of Bitmex's ETHUSD and Binance's ETHBTC combo pairs spread, as of now you can get 0.213% return executing this recommendation as it is temporarily holding steady return since Tuesday, the pairing is positioned at 263.022789 as of 22nd February from 05:11:37 looking at profit of 0.00005791 BTC for every 1 bitcoin spent. Since we began we have watched its arbitrage top out at 289.722228 since February began. In the last 24 hours the spread reached a high of 268.822475 resulting in a -20.899753 decrease this year signalling a 7% contraction. Bitmex's ETHUSD and Binance's ETHBTC pairings is placed 133rd from a catalog of 234 spreads we positions. This combination is not treated as a high yield activity, and should be treated as such with HBDM BTC_CQ to Binancefutures BTCUSDT and Bitmex XBTM20 to Binance BTCUSDT which should be primary.
22nd February 2020 05:11:37 UTC - 6 weeks ago
Bitmex ETHUSD @ 262.90000000
Binance ETHBTC @ 0.02720300
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00005791 BTC with a 0.213% return
Bitcoin Trade Size
This contributes to a profit of 0.0018531 bitcoin if you invest 32 bitcoin of ETHUSD at Bitmex at the price of 263.05000000 and buy the very same quantity of 32 BTC of ETHBTC at Binance for 0.02721100 providing a 17.87 USD net gain with BTC fixed at $9,643 per one bitcoin. At this moment we recommend look into this arbitrage pairing more, as it would return a profit if done to the sound of 0.00005791 for every one BTC. The opportunity though points that the profits would be very small making it not worthwhile when you scrutinize exchange outgoings, and, notably when faced with the profits unlocked by Bitmex XBTM20 to Binance BTCUSDT giving 0.04367485 BTC profit per one bitcoin as of 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 22nd February 2020 05:11:37, 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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