Since the 6th May 2020 we have been supporting of Bitmex's ETHUSDM20 and Binance's ETHUSDT combo pairs spread, as of now you can get 3.45% return executing this swap as it is temporarily showing tough return since Sunday, the combination is sitting at 8.34 as of 5th June 2020 from 00:28 looking at profit of 0.00085414 BTC for every one BTC exchanged. Since we began we have seen the arbitrage height of 19.9 in the past month. In the last 24 hours the spread reached a high of 10 resulting in a -9.9 decrease from the year high signalling a 49.75% shortening of that previous height. Bitmex ETHUSDM20 to Binance ETHUSDT is placed 36th from a catalog of 220 spreads we offer. This arbitrage combination is not treated as a great change, and not profitable like HBDM BTC_CQ to Binance BTCUSDC and Bitmex ETHUSD to Poloniex BTC_ETH which should appeal more.
5th June 2020 00:28:41 UTC - 26 weeks ago
Bitmex ETHUSDM20 @ 250.50000000
Binance ETHUSDT @ 242.16000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00085414 BTC with a 3.45% return
Bitcoin Trade Size
This provides a profit of 0.007901 BTC when you auction 9.25 bitcoin of ETHUSDM20 at Bitmex at the current price of 250.50000000 and order the identical size of 9.25 bitcoin of ETHUSDT at Binance priced at 242.16000000 providing a $77.24 profit with the current price of bitcoin set at $9,776 per 1 BTC. Presently you will want to scrutinize this pairing more, as it would return a profit if carried out to the tune of 0.00085414 to each 1 bitcoin. The data displayed points that the gains will be placing doubt to proceed, specifically considering the profits presented by Bitmex ETHUSD to Poloniex BTC_ETH returning 0.02479309 bitcoin return per 1 bitcoin for the time being.
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 5th June 2020 00:28:41, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.