Our second opportunity to commentate on Bitfinex and Binance EOSUSD to EOSUSDT since Thursday 8th August. On the 7th October 2019 we started supporting monitoring of Bitmex's XBTZ19 and Binance's BTCUSDT combination pairs spread, currently there is an available 0.2351% return swapping this recommendation as it is momentarily showing adequate this week, the pairing currently spreads at 16.29 as of 25th October 2019 from 12:07 with a profit of 0.00235104 BTC with every one BTC exchanged. Since tracking begun we have verified a range high of 127.5 since October began. In the last 24 hours the spread reached a high of 21.38 resulting in a -106.12 short from the year high making a 83.23% shortening from that spread. Bitmex's XBTZ19 and Binance's BTCUSDT combination pairs is positioned 31st out of the 182 spreads we offer. This spread isn't a high yield change, and should be considered as such with Bitfinex BTCUSD to Bitstamp BTCUSD and Binance ETHUSDT to Kraken XETHXXBT which should be considered.
25th October 2019 12:07:06 UTC - 3 weeks ago
Bitmex XBTZ19 @ 7614.50000000
Binance BTCUSDT @ 7598.15000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00235104 BTC with a 0.2351% return
Bitcoin Trade Size
This harvests a profit of 0.0406 BTC when you close 17.25 BTC of XBTZ19 at Bitmex at the current price of 7,614.50 and buy the interchangable amount of 17.25 bitcoin of BTCUSDT at Binance set at 7,598.21 turning a 308.42 USD profit with bitcoin stable at $7,597. Presently the advice is to investigate this arbitrage opportunity more, as it would return a profit if executed to the amount of 0.00235104 to each one bitcoin. With the data returned points that the profits would be confined rendering it not worthwhile, specifically when you have the profits presented by Binance ETHUSDT to Kraken XETHXXBT giving 0.02183705 BTC profit per 1 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 25th October 2019 12:07:06, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.