Bitmex XBTUSD to Binance BTCTUSD reached a seven day period high on the 19th February marking a 12.71% decrease from the 60 day high of 136.05, confirming a spread of -17.29 over 4 days, the combination currently spreads at 8.55 from 09:04:08 today looking at profit of 0.00161782 bitcoin for every 1 BTC traded. Since we began we have watched a arbitrage high reach of 136.05 in the past month. In the last 24 hours the spread reached a high of 29.02 meaning -804.98 short this year providing a 96.5% shortening from that spread. Bitmex's XBTUSD to Binance's BTCTUSD is placed 63rd from a pool of 229 spreads we support. This arbitrage opportunity should not be considered a premium movement, and not the same as Okex ETH-USDT to Bitmex ETHH20 and Bitmex XBTM20 to Binance BTCUSDT which should appeal more.
26th February 2020 09:04:08 UTC - 5 weeks ago
Bitmex XBTUSD @ 9179.00000000
Binance BTCTUSD @ 9170.45000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00161782 BTC with a 0.162% return
Bitcoin Trade Size
This gives a profit of 0.0065 bitcoin if you spend 4 bitcoin of XBTUSD at Bitmex at the market price of 9,179.00 and order the interchangable size of 4 BTC of BTCTUSD at Binance priced at 9,170.45 bringing a $59.66 profit with BTC stable at $9,179 per one BTC. We propose you investigate this arbitrage opportunity more, this will return a profit when done to the tune of 0.001618 per one bitcoin. The data returned points that the profits would be inadequate placing doubt to proceed especially when presented with the profits presented by Bitmex XBTM20 to Binance BTCUSDT returning 0.03796484 BTC 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 26th February 2020 09:04:08, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.