On 12th April 2019 we started supporting capturing of Bitstamp's and Binance's ETHUSD to ETHUSDT combination, currently there is an available 0.265% return running this recommendation as it is temporarily showing reliable today, the match currently is spread at 0.7 as of 23rd February from 07:04 looking at profit of 0.00007273 BTC with every 1 bitcoin traded. Since we began we have watched its arbitrage top out at 5.18 since the beginning of February 2020. In the last 24 hours the spread reached a high of 1.03 resulting in a -15.91 short this year signalling a 93.9% reduction. Bitstamp and Binance's ETHUSD and ETHUSDT is 154th out of a possible 246 combinations monitored. This arbitrage combination isn't treated as a excellent movement, and not in the same league as HBDM BTC_CQ to Bitstamp BTCUSD and Bitmex XBTM20 to Binance BTCUSDT which should take you.
23rd February 2020 07:04:23 UTC - 48 weeks ago
Bitstamp ETHUSD @ 271.98000000
Binance ETHUSDT @ 271.31000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00007273 BTC with a 0.265% return
Bitcoin Trade Size
This gives an income of 0.0030547 bitcoin if you leverage 42 bitcoin of ETHUSD at Bitstamp at the current price of 271.98000000 and buy the duplicate quantity of 42 bitcoin of ETHUSDT at Binance for 271.28000000 giving a $30.24 net gain with BTC positioned at 9,900 USD per one bitcoin. Currently we recommend that you look at this more, as it would result in profit when carried out to the tune of 0.000073 for each one bitcoin. The thought process points that the profits will be meager placing doubt to proceed when given the availability of Bitmex XBTM20 to Binance BTCUSDT resulting in 0.05235673 BTC return per one BTC this Sunday morning.
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 February 2020 07:04:23, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
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We have been keeping our heads down and developing our Marker Taker Spread Trading Functionality for a little while now, and we are getting closer and closer to releasing this in the near to medium future.