On 12th April 2019 we included providing of Bitstamp ETHUSD to Binance ETHUSDT combination, as of now you can get 0.23% return running this swap as it is currently showing fair arbitrage return this Friday, the match is positioned at 0.34 at 08:58 today looking at profit of 0.00005103 bitcoin for every one BTC traded. Since we began we have seen the spread height of 1.53 in the past month between Huobi DM and Bitstamp. In the last 24 hours the spread reached a high of 0.53 resulting in a -16.41 shortening this year signalling a 97% decrease. Bitstamp's ETHUSD and Binance's ETHUSDT pairings is positioned 86th currently. This arbitrage opportunity is not looked upon as a excellent occurrence, and not the same as Binance BTCTUSD to Bittrex BTC-TUSD and Bitfinex ETHBTC to Bitmex ETHZ19 with it being more attractive.
25th October 2019 08:58:53 UTC - 3 weeks ago
Bitstamp ETHUSD @ 162.20000000
Binance ETHUSDT @ 161.87000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00005103 BTC with a 0.23% return
Bitcoin Trade Size
This harvests a profit of 0.00475 BTC if you put up 93 bitcoin of ETHUSD at Bitstamp at the price of 162.20000000 and order the identical quantity of 93 bitcoin of ETHUSDT at Binance for 161.86000000 giving a 35.37 USD net gain with bitcoin fixed at $7,446. For the time being look into this arbitrage opportunity more, this will return a profit when executed to the sound of 0.000051 for every 1 BTC. The data shown points that the profits will be small rendering it not worthwhile, notably when you consider the opportunity of Bitfinex ETHBTC to Bitmex ETHZ19 giving 0.02174109 bitcoin return per 1 bitcoin 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 25th October 2019 08:58:53, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.