Kraken's XETHZUSD and Bitfinex's ETHUST combination pairs reached a 7 day period high on the 29th October 2019 at 22:57 marking an overall 70% shortening from the sixty day high of 3.37, signaling a spread of -2.35 over the 35 days, the pairing currently spreads at 0.34 as of 2nd November 2019 from 14:58:05 with a profit of 0.00004186 bitcoin with every one bitcoin spent. Since tracking started we have watched a pairing high reach of 2.42 in the past month. In the last 24 hours the spread reached a high of 0.85 resulting in a -32.79 shortening from the year high marking a 97.5% contraction from that top spread. Kraken's XETHZUSD and Bitfinex's ETHUST combo pairs is 125th from 212 arbitrage combinations monitored. This arbitrage combination should not be considered a special activity, and not profitable like HBDM BTC_CQ to Binance BTCTUSD and Binance ETHUSDT to Kraken XETHXXBT which should be more attractive.
2nd November 2019 14:58:05 UTC - 2 weeks ago
Kraken XETHZUSD @ 183.63000000
Bitfinex ETHUST @ 183.29000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00004186 BTC with a 0.2128% return
Bitcoin Trade Size
This pays an income of 0.0017 bitcoin when you sell 41 bitcoin of XETHZUSD at Kraken at the current price of 183.63000000 and order the same volume of 41 BTC of ETHUST at Bitfinex for 183.29000000 providing a $15.84 gain with the current price of bitcoin set at 9,317 USD per 1 bitcoin. Presently you will want to read up on this arbitrage opportunity more, as it would return a profit if done to the sound of 0.0000419 for each 1 bitcoin. The advice points that the profits would be small causing doubt to proceed if you draft in transfer and exchange costs, and, notably considering the profits given by Binance ETHUSDT to Kraken XETHXXBT returning 0.01966279 BTC 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 2nd November 2019 14:58:05, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.