Bitmex and Bitfinex's ETHUSD and ETHUSD reached a twenty eight day high on the 19th May 2020 showing a 96% shortening from the 90 day high of 59.36, confirming a spread of -57.04 in 67 days, the pairing currently spreads at 0.36 from 02:22:34 today looking at profit of 0.00003896 BTC for every one BTC traded. Since we began we have seen its range top out at 2.32 since June began. In the last 24 hours the spread reached a high of 1.19 meaning -58.17 shortening on the year creating a 98% shortening of that previous height. Bitmex and Bitfinex's ETHUSD and ETHUSD is positioned 117th currently. This arbitrage spread is not looked upon as a excellent change, and not in the same league as HBDM BTC_CQ to Bitstamp BTCUSD and Bitmex ETHUSD to Poloniex BTC_ETH which should take your cash.
3rd June 2020 02:22:34 UTC - 5 weeks ago
Bitmex ETHUSD @ 236.50000000
Bitfinex ETHUSD @ 236.23000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00003896 BTC with a 0.16% return
Bitcoin Trade Size
This provides an income of 0.0028830 BTC when you put up 74 BTC of ETHUSD at Bitmex at the market price of 236.50000000 and buy the matched amount of 74 bitcoin of ETHUSD at Bitfinex priced at 236.14000000 turning a $27.37 profit with bitcoin holding at 9,494 USD. The signals indicate research this arbitrage opportunity more, as it would provide profit if executed to the tune of 0.00003896 to each one bitcoin. The data displayed indicates that the profits would be inadequate rendering it not worthwhile, specifically when you consider the choice of Bitmex ETHUSD to Poloniex BTC_ETH resulting in 0.02490103 BTC return per 1 BTC this Wednesday.
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 3rd June 2020 02:22:34, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.