Since the 21st January 2020 we have been watching of Bitmex's XBTM20 and Binance's BTCUSDT combo pairs arbitrage opportunities, these past 6 minutes you can get 0.3498% return executing this swap as it is currently displaying decent this week, the match is positioned at 30.66 at 02:13 today looking at profit of 0.00349810 BTC with every 1 bitcoin spent. Since tracking proceeded we have seen a range high reach of 199.65 since the beginning of May 2020. In the last 24 hours the spread reached a high of 83.49 meaning -658.21 shortening from the year high making a 88.74% reduction. Bitmex's XBTM20 and Binance's BTCUSDT combination pairs is 8th from 211 we track. This arbitrage combination is a outstanding top 15 moment today, and an opportunity there with HBDM BTC_CQ to Bitfinex BTCUSD and Bitmex ETHUSD to Poloniex BTC_ETH.
6th May 2020 02:13:41 UTC - 4 weeks ago
Bitmex XBTM20 @ 8990.50000000
Binance BTCUSDT @ 8959.84000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00349810 BTC with a 0.3498% return
Bitcoin Trade Size
This nets a profit of 0.043726 bitcoin if you auction 12.5 bitcoin of XBTM20 at Bitmex at the market price of 8,990.50 and order the same size of 12.5 bitcoin of BTCUSDT at Binance set at 8,959.84 bringing a $391.74 gain with BTC jumping around at 8,959 USD per one bitcoin. Presently you will want to that you should examine this more, this will return a profit if done to the amount of 0.00349810 for every 1 BTC. The general idea points that the profits would be stunted rendering it not worthwhile especially when you consider the option of Bitmex ETHUSD to Poloniex BTC_ETH giving 0.02284000 bitcoin return per one BTC at 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 6th May 2020 02:13:41, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.