Bitmex XBTM20 to Binance BTCUSDT reached a fourteen day high on the 1st June 2020 indicating a 17.03% shortening from the 90 day high of 370, making a spread of -63 over the 86 days, the match is sat at 33.36 from 03:34:48 today with a profit of 0.00357630 bitcoin with every 1 BTC spent. Since we began we have verified a spread high reach of 329.5 since the beginning of June. In the last 24 hours the spread reached a high of 244.61 meaning -497.09 decrease on the year marking a 67.0% shortening from that high. Bitmex Binance with XBTM20 BTCUSDT is positioned 26th out of a possible 237 arbirtage opportunities. This spread is not treated as a excellent development, and nowhere near HBDM BTC_CQ to Binance BTCUSDC and Bitmex ETHUSD to Poloniex BTC_ETH which should be more attractive.
3rd June 2020 03:34:48 UTC - 16 weeks ago
Bitmex XBTM20 @ 9527.00000000
Binance BTCUSDT @ 9493.64000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00357630 BTC with a 0.36% return
Bitcoin Trade Size
This harvests a profit of 0.090599 BTC when you devote 25.3333 BTC of XBTM20 at Bitmex at the price of 9,527.00 and order the exact volume of 25.3333 bitcoin of BTCUSDT at Binance for 9,493.64 providing a $860.06 gain with bitcoin staggering at 9,493 USD. The signals demonstrate look into this, as it would result in profit if done to the amount of 0.00357630 for each 1 bitcoin. The spread shown indicates that the profits would be meager making it not worthwhile, chiefly when faced with the opportunities presented by Bitmex ETHUSD to Poloniex BTC_ETH resulting in 0.02489454 BTC return per one BTC now.
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 3rd June 2020 03:34:48, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
I write this journal to go over the basics of trading digital assets on liquid exchanges. I will not delve deeply into fundamentals of the assets unless it is necessary to explain the trading strategy.