On 21st January 2020 we started supporting watching of Bitmex and Binance XBTM20 to BTCUSDT spread, presently you can get 4.40% return swapping this recommendation as it is currently holding steady return today, the combination currently spreads at 424.01 at 04:49 today with a profit of 0.04404281 bitcoin with every 1 bitcoin traded. Since tracking started we have seen this range topping off at 741.7 since the beginning of February 2020. In the last 24 hours the spread reached a high of 498.5 meaning -243.2 short from the year high making a 32.79% change. Bitmex's XBTM20 and Binance's BTCUSDT combination pairs is 1st currently. .
22nd February 2020 04:49:32 UTC - 47 weeks ago
Bitmex XBTM20 @ 10055.50000000
Binance BTCUSDT @ 9634.52000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.04404281 BTC with a 4.40% return
Bitcoin Trade Size
This results in an income of 1.84979802 BTC if you close 42 bitcoin of XBTM20 at Bitmex at the market price of 10,055.50 and buy the twin volume of 42 BTC of BTCUSDT at Binance priced at 9,631.49 meaning a 17,815.98 USD net gain with BTC fixed at 9,631 USD per 1 BTC. Our recommendation is to look at the spread opportunities, as it would provide profit when done to the tune of 0.04404281 for each 1 bitcoin.
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 22nd February 2020 04:49:32, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
Some people who start trading online for the first time are not completely aware of how the prices move and change. Here we will speak about what happens when trading Bitcoin as those prices do begin to change.