Our 3rd update on Bitstamp Bitfinex with BTCUSD BTCUST since 12th March 2020. Bitstamp's BTCUSD and Bitfinex's BTCUST reached a 14 day high on the 12th March 2020 indicating a 37.6% decrease from the 60 day high of 589.26, signaling a spread of -221.83 in 30 days, the match is sitting at 13.75 at 07:01 today with a profit of 0.00259195 BTC for every 1 bitcoin spent. Since tracking begun we have viewed a high of 589.26 this year. In the last 24 hours the spread reached a high of 53.29 meaning -535.97 shortening from the year high signalling a 91.0% shortening. Bitstamp's BTCUSD and Bitfinex's BTCUST match up is 49th out of 247 arbitrage combinations monitored. This arbitrage spread isn't a great occurrence, and not profitable like Huobi ETHUSDT to Bitmex ETHH20 and Bitmex ETHUSD to Poloniex BTC_ETH which should lead you.
26th March 2020 07:01:02 UTC - 26 weeks ago
Bitstamp BTCUSD @ 6634.95000000
Bitfinex BTCUST @ 6621.20000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00259195 BTC with a 0.259% return
Bitcoin Trade Size
This pays a profit of 0.058319 BTC when you invest 22.5 bitcoin of BTCUSD at Bitstamp at the current price of 6,634.95 and buy the identical volume of 22.5 bitcoin of BTCUST at Bitfinex for 6,621.20 giving a $385.88 gain with bitcoin stable at 6,617 USD. Presently the advice is to explore this arbitrage pairing more, as it would return a profit when performed to the tune of 0.0025920 per 1 BTC. The spread shown indicates that the profits would be small causing doubt to proceed especially when faced with the choice of Bitmex ETHUSD to Poloniex BTC_ETH returning 0.02046045 bitcoin 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 March 2020 07:01:02, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.