Bitmex's ETHUSD and Binance's ETHUSDT combination pairs reached a seven day high on the 19th March 2020 showing an overall 96% shortening from the 60 day high of 71.02, confirming a spread of -68.43 over the 7 days, the pairing currently spreads at 0.32 as of 21st March from 12:42 looking at profit of 0.00005895 bitcoin with every 1 bitcoin traded. Since tracking begun we have seen this range topping off at 71.02 since the beginning of March 2020. In the last 24 hours the spread reached a high of 1.6 meaning -69.42 short from the year high signalling a 97.7% decrease. Bitmex Binance with ETHUSD ETHUSDT is placed 127th out of 238 positions. This spread isn't treated as a crazy occurrence, and not the same as Bitfinex ETHBTC to Poloniex BTC_ETH and Bitmex ETHUSD to Bitmex ETHH20 which should appeal more.
21st March 2020 12:42:41 UTC - 15 weeks ago
Bitmex ETHUSD @ 130.85000000
Binance ETHUSDT @ 130.53000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00005895 BTC with a 0.2759% return
Bitcoin Trade Size
This gives an income of 0.00195 BTC if you sell 33 BTC of ETHUSD at Bitmex at the current price of 130.85000000 and order the twin size of 33 bitcoin of ETHUSDT at Binance for 130.53000000 giving a 11.91 USD profit with bitcoin positioned at 6,107 USD. Presently the advice is to that you should examine this more, as it would result in profit if performed to the sound of 0.0000590 per one bitcoin. The thought process indicates that the gains would be very small making it not worthwhile, chiefly when presented with the profits given by Bitmex ETHUSD to Bitmex ETHH20 giving 0.02142203 bitcoin profit per one BTC 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 21st March 2020 12:42:41, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.