Bitstamp Bitfinex with ETHUSD ETHBTC reached a twenty eight day high on the 10th November showing a 3.65% shortening from the sixty day high of 198.750668, making a spread of -7.251686 in 16 days, the combination is sat at 148.269931 at 20:18 today looking at profit of 0.00003556 bitcoin with every 1 BTC exchanged. Since we began we have verified its arbitrage top out at 191.498982 since December began. In the last 24 hours the spread reached a high of 150.059953 resulting in a -213.083566 shortening on the year providing a 58.7% decrease from that spread. Bitstamp's ETHUSD and Bitfinex's ETHBTC combo pairs is placed 110th currently. This arbitrage combination isn't a special opportunity, and nowhere near Bitfinex BTCUSD to Huobi BTCUSDT and Bitmex ETHUSD to Poloniex BTC_ETH which should take you.
5th December 2019 20:18:54 UTC - 8 weeks ago
Bitstamp ETHUSD @ 148.29000000
Bitfinex ETHBTC @ 0.02006900
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00003556 BTC with a 0.18% return
Bitcoin Trade Size
This contributes to a profit of 0.002383 bitcoin if you close 67 BTC of ETHUSD at Bitstamp at the current price of 148.29000000 and buy the interchangable volume of 67 BTC of ETHBTC at Bitfinex set at 0.02006900 providing a 17.58 USD net gain with BTC fixed at 7,376 USD. Currently we recommend that traders look at the combination opportunities, as it would provide profit if executed to the tune of 0.000036 for every 1 bitcoin. The general idea points that the gains would be making it not worthwhile when you factor in transfer commissions, and, chiefly when you consider the opportunities presented by Bitmex ETHUSD to Poloniex BTC_ETH resulting in 0.02011678 BTC profit per one bitcoin this Thursday 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 5th December 2019 20:18:54, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.