On the 6th August 2019 we included support of Bitstamp and Binance BTCUSD to BTCUSDT spread, as of now there is an available 0.14% return running this trade as it is currently displaying steady return since Sunday, the match is sitting at 10.46 as of 25th November from 19:14:15 with a profit of 0.00141641 bitcoin for every 1 BTC exchanged. Since tracking started we have seen its range top out at 134.5 in the past month between Binance and Huobi DM. In the last 24 hours the spread reached a high of 68.71 meaning -833 decrease this year marking a 92.38% shortening. Bitstamp's BTCUSD and Binance's BTCUSDT pairings is placed 50th currently. This arbitrage combination isn't a crazy opportunity, and not in the same league as Bitfinex BTCUSD to HBDM BTC_CW and Bitmex ETHUSD to Poloniex BTC_ETH which should be more attractive.
25th November 2019 19:14:15 UTC - 2 weeks ago
Bitstamp BTCUSD @ 7239.74000000
Binance BTCUSDT @ 7230.00000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00141641 BTC with a 0.14% return
Bitcoin Trade Size
This provides a profit of 0.0708205 bitcoin if you put up 50 BTC of BTCUSD at Bitstamp at the current price of 7,240.44 and buy the twin quantity of 50 BTC of BTCUSDT at Binance set at 7,229.98 yielding a $512.00 gain with BTC positioned at 7,230 USD. Presently the advice is to look into this, as it would result in profit when carried out to the sound of 0.001416 per one bitcoin. The data returned indicates that the gains will be confined placing doubt to proceed when you accept transfer costs, and, notably when you consider the opportunities presented by Bitmex ETHUSD to Poloniex BTC_ETH providing 0.02053104 BTC profit per one bitcoin as of right 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 25th November 2019 19:14:15, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.