Bitmex's ETHUSDM20 and Bitfinex's ETHUSD combo pairs reached a 7 day high on the 2nd June 2020 showing a 32% shortening from the 90 day high of 20.64, confirming a spread of -6.53 during the 24 days, the combination is positioned at 8.11 at 01:42 today with a profit of 0.00085320 bitcoin for every 1 bitcoin exchanged. Since we began we have seen its range top out at 20.64 since June began. In the last 24 hours the spread reached a high of 9.03 meaning -11.61 shortening from the year high signalling a 56.25% contraction from that high.

Bitmex's ETHUSDM20 and Bitfinex's ETHUSD combination pairs is placed 67th currently. This arbitrage spread is not treated as a fantastic activity, and not the same as HBDM BTC_CQ to Kraken XXBTZUSD and Bitmex ETHUSD to Poloniex BTC_ETH which should take your cash. This provides a profit of 0.00767880 bitcoin when you spend 9 BTC of ETHUSDM20 at Bitmex at the price of 248.60000000 and buy the exact quantity of 9 bitcoin of ETHUSD at Bitfinex set at 240.49000000 giving a 73.71 USD profit with BTC holding at $9,599. Today we recommend to look more seriously at this pairing, as it would return a profit when done to the tune of 0.000853 to each one bitcoin. The data displayed indicates that the profits will be rendering it not worthwhile when you recognize transfer and exchange fees, and especially when you have the profits unlocked by Bitmex ETHUSD to Poloniex BTC_ETH returning 0.02505680 bitcoin profit per 1 BTC as of right now.