Since the 5th August 2019 we have been covering Bitmex and Binance's XBTUSD and BTCPAX arbitrage opportunities, these past 8 minutes there is an available 0.21% return running this swap as it is momentarily holding constant arbitrage return this week, the pairing is sitting at 14.74 from 11:20:55 today looking at profit of 0.00206111 bitcoin for every one BTC traded. Since tracking proceeded we have verified a high of 300.51 this year. In the last 24 hours the spread reached a high of 50.59 meaning -249.92 shortening from the year high providing a 83% decrease of that previous height. Bitmex Binance with XBTUSD BTCPAX is positioned 34th out of the 166 positions. This arbitrage opportunity should not be considered a premium activity, and should be treated as such with HBDM BTC_CQ to HBDM BTC_CW and HBDM BTC_CQ to Binance BTCPAX which should appeal more.
17th September 2019 11:20:55 UTC - 8 weeks ago
Bitmex XBTUSD @ 10181.00000000
Binance BTCPAX @ 10166.27000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00206111 BTC with a 0.21% return
Bitcoin Trade Size
This provides a profit of 0.0422528 BTC if you devote 20.5 bitcoin of XBTUSD at Bitmex at the current price of 10,181.00 and buy the twin amount of 20.5 bitcoin of BTCPAX at Binance set at 10,166.26 meaning a $429.69 net gain with BTC positioned at 10,169 USD per one bitcoin. We would advise to look more seriously at this pairing, as it would return a profit when carried out to the amount of 0.002061 for each 1 BTC. The advice would be points that the gains will be risky placing doubt to proceed if you payout transfer and exchange fees, and, notably considering the profits presented by HBDM BTC_CQ to Binance BTCPAX giving 0.03313837 bitcoin return per one BTC this Tuesday morning.
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 17th September 2019 11:20:55, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.