Since the 7th November 2019 we have been providing of Bitstamp's BTCUSD and Idax's BTC_USDT match up arbitrage opportunities, these past 5 minutes you can get 0.15% return executing this swap as it is currently displaying adequate this Saturday, the combination currently spreads at 10.59 from 18:01:23 today with a profit of 0.00146051 BTC with every one BTC exchanged. Since we began we have viewed its arbitrage top out at 121.7 in the past month. In the last 24 hours the spread reached a high of 33.1 resulting in a -88.6 shortening this year signalling a 72.80% shortening from that high. Bitstamp Idax with BTCUSD BTC_USDT is positioned 49th out of 243 we support. This arbitrage spread is not treated as 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 take your yen.
23rd November 2019 18:01:23 UTC - 61 weeks ago
Bitstamp BTCUSD @ 7290.15000000
Idax BTC_USDT @ 7279.56000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00146051 BTC with a 0.15% return
Bitcoin Trade Size
This provides a profit of 0.069374 BTC if you sell 47.5 BTC of BTCUSD at Bitstamp at the current price of 7,290.15 and order the matching size of 47.5 bitcoin of BTC_USDT at Idax set at 7,279.56 yielding a 504.93 USD gain with bitcoin trading at $7,278. Currently we recommend that look into this arbitrage pairing more, this will return a profit when done to the tune of 0.0014605 per 1 bitcoin. The advice would be points that the gains will be meager making it not worthwhile when you consider the profits unlocked by Bitmex ETHUSD to Poloniex BTC_ETH returning 0.02087398 bitcoin return per one BTC as of 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 23rd November 2019 18:01:23, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
I write this journal to go over the basics of trading digital assets on liquid exchanges. I will not delve deeply into fundamentals of the assets unless it is necessary to explain the trading strategy.