Our 8th update on Bitmex's ETHUSD and Bitfinex's ETHBTC match up since 26th March 2020. On 22nd August 2019 executium included tracking of Bitmex's and Huobi Pro's ETHUSD to ETHUSDT spread, today you can get 0.21% return executing this swap as it is temporarily holding reliable arbitrage return since Wednesday, the combination is sitting at 0.76 as of 1st October 2020 from 06:07:33 with a profit of 0.00007107 BTC with every one bitcoin spent. Since tracking started we have watched this topping off at 2.4 since the beginning of October 2020. In the last 24 hours the spread reached a high of 1 resulting in a -70.25 short this year marking a 98.60% decrease. Bitmex's ETHUSD and Huobi Pro's ETHUSDT pairings is 104th from a pool of 229 we track. This arbitrage opportunity is not looked upon as a excellent opportunity, and not profitable like HBDM BTC_CQ to Bitfinex BTCUST and Bitmex ETHUSD to Poloniex BTC_ETH which should be primary.
1st October 2020 06:07:33 UTC - 3 weeks ago
Bitmex ETHUSD @ 363.20000000
Huobi Pro ETHUSDT @ 362.44000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00007107 BTC with a 0.21% return
Bitcoin Trade Size
This earns an income of 0.002013 bitcoin when you close 28.33 bitcoin of ETHUSD at Bitmex at the market price of 363.20000000 and buy the matched quantity of 28.33 bitcoin of ETHUSDT at Huobi Pro for 362.44000000 providing a 21.81 USD gain with the current price of bitcoin set at 10,835 USD. Presently the advice is to look into this, as it would provide profit if done to the amount of 0.000071 for each 1 BTC. With everything reported it seems indicates that the profits will be curbed placing doubt to proceed, notably when you have the profits granted by Bitmex ETHUSD to Poloniex BTC_ETH resulting in 0.03351785 bitcoin return 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 1st October 2020 06:07:33, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.