Since the 12th April 2019 we have been providing of Bitstamp BTCUSD to Bitfinex BTCUST spread, these past 9 minutes there is an available 0.3455% return executing this swap as it is temporarily displaying fair arbitrage return this week, the combination is sat at 18.99 as of 31st October 2019 from 16:04:20 with a profit of 0.00345429 bitcoin for every 1 bitcoin exchanged. Since tracking begun we have watched a arbitrage high of 199.4 since the 1st of October 2019. In the last 24 hours the spread reached a high of 56.7 resulting in a -349.76 decrease from the year high making a 86% contraction of that previous height. Bitstamp's BTCUSD and Bitfinex's BTCUST match up is positioned 36th currently. This arbitrage opportunity is not treated as a crazy change, and nowhere near HBDM BTC_CQ to Binance BTCPAX and Binance ETHUSDT to Kraken XETHXXBT which should take your cash.
31st October 2019 16:04:20 UTC - 2 weeks ago
Bitstamp BTCUSD @ 9261.29000000
Bitfinex BTCUST @ 9242.30000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00345429 BTC with a 0.3455% return
Bitcoin Trade Size
This represents a profit of 0.107083 bitcoin if you sell 31 bitcoin of BTCUSD at Bitstamp at the market price of 9,261.29 and buy the matched amount of 31 bitcoin of BTCUST at Bitfinex for 9,242.30 giving a $988.59 net gain with bitcoin trading at $9,232 per 1 BTC. We propose you look into this arbitrage pairing more, as it would provide profit if done to the tune of 0.003454 for each 1 BTC. The data returned indicates that the gains will be narrow making it not worthwhile, chiefly when presented with the profits unlocked by Binance ETHUSDT to Kraken XETHXXBT providing 0.01970757 bitcoin return per one BTC 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 31st October 2019 16:04:20, 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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