Kraken XXBTZUSD to Binance BTCUSDT reached a fourteen day high on the 23rd November 2019 marking an overall 92.47% shortening from the 90 day high of 903.9, confirming a difference of -835.83 in 29 days, the pairing is sat at 10.22 from 13:03:19 today with a profit of 0.00167629 bitcoin for every 1 BTC exchanged. Since we began we have seen a pairing high reach of 99.7 since the 1st of December 2019. In the last 24 hours the spread reached a high of 24.42 meaning -879.48 shortening from the year high resulting in a 97.30% shortening of that previous height. Kraken and Binance XXBTZUSD to BTCUSDT is positioned 45th currently. This arbitrage opportunity isn't a high yield activity, and nowhere near Bitfinex BTCUSD to Bitfinex BTCF0:USTF0 and Bitmex ETHUSD to Poloniex BTC_ETH which should appeal more.
2nd December 2019 13:03:19 UTC - 2 weeks ago
Kraken XXBTZUSD @ 7308.10000000
Binance BTCUSDT @ 7297.88000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00167629 BTC with a 0.168% return
Bitcoin Trade Size
This results in a profit of 0.072080 bitcoin when you invest 43 bitcoin of XXBTZUSD at Kraken at the market price of 7,308.10 and order the duplicate size of 43 bitcoin of BTCUSDT at Binance priced at 7,297.88 resulting in $525.89 gain with BTC fixed at 7,296 USD per one BTC. Currently we recommend that traders to look more seriously at this pairing, as it would result in profit if carried out to the amount of 0.00167629 for each one bitcoin. The thought process points that the profits will be very small causing obvious doubt to proceed, chiefly when you consider the opportunities presented by Bitmex ETHUSD to Poloniex BTC_ETH returning 0.02042657 bitcoin return per one bitcoin this Monday.
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 2nd December 2019 13:03:19, 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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