Bitstamp BTCUSD to Bitmex XBTUSD reached a 28 day period high on the 21st November 2019 at 15:02 marking an overall 41.3% decrease from the ninety day high of 189.42, confirming a spread of -78.29 over the 58 days, the combination is sat at 9 at 13:16 today with a profit of 0.00147945 BTC with every one bitcoin traded. Since tracking started we have witnessed a range high reach of 111.13 in the past month. In the last 24 hours the spread reached a high of 111.13 meaning -295.83 short this year signalling a 73% contraction of that previous height. Bitstamp's BTCUSD and Bitmex's XBTUSD combo pairs is positioned 47th out of 237 combinations monitored. This arbitrage spread is not a fanciful change, and nowhere near Bitfinex BTCUSD to Bitmex XBTUSD and Bitfinex ETHBTC to Bitmex ETHZ19 which should take your trading euros.
22nd November 2019 13:16:53 UTC - 3 weeks ago
Bitstamp BTCUSD @ 7093.50000000
Bitmex XBTUSD @ 7084.50000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00147945 BTC with a 0.1482% return
Bitcoin Trade Size
This nets an income of 0.02293 BTC if you risk 15.5 BTC of BTCUSD at Bitstamp at the current price of 7,093.50 and order the corresponding quantity of 15.5 bitcoin of XBTUSD at Bitmex set at 7,084.50 yielding a 162.74 USD profit with BTC positioned at 7,097 USD. Presently the advice is to look into this, this will return a profit when carried out to the sound of 0.00147945 for each one BTC. The general idea indicates that the profits would be poor rendering it not worthwhile if you look at exchange costs, and when you consider the opportunities presented by Bitfinex ETHBTC to Bitmex ETHZ19 resulting in 0.02091906 bitcoin 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 22nd November 2019 13:16:53, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.