Kraken's XETHZUSD and Bitfinex's ETHUST combo pairs reached a seven day high on the 13th August 2020 at 01:04 indicating a 67% shortening from the 90 day high of 21.33, signaling a spread of -14.2 over the 11 days, the pairing currently spreads at 0.52 as of 16th August 2020 from 12:56:34 with a profit of 0.00005097 bitcoin for every one bitcoin spent. Since tracking proceeded we have verified its pairing top out at 21.33 in the past month. In the last 24 hours the spread reached a high of 2.25 resulting in a -31.39 short on the year providing a 93.3% contraction from that high. Kraken's XETHZUSD and Bitfinex's ETHUST combination pairs is 137th currently. This combination isn't superb change, and not profitable like HBDM BTC_CQ to Binance BTCPAX and Bitmex ETHUSD to Poloniex BTC_ETH which should be followed.
16th August 2020 12:56:34 UTC - 23 weeks ago
Kraken XETHZUSD @ 420.00000000
Bitfinex ETHUST @ 419.48000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00005097 BTC with a 0.143% return
Bitcoin Trade Size
This contributes to a profit of 0.0040776 BTC when you spend 80 BTC of XETHZUSD at Kraken at the market price of 420.00000000 and order the very same amount of 80 bitcoin of ETHUST at Bitfinex priced at 419.48000000 resulting in 48.00 USD net gain with the current price of BTC set at $11,772 per 1 bitcoin. We propose you that you should examine this more, as it would provide profit if performed to the sound of 0.00005097 per one BTC. With everything shown, details confirm indicates that the gains will be confined causing doubt to proceed especially seeing the option of Bitmex ETHUSD to Poloniex BTC_ETH giving 0.03566745 BTC profit per 1 bitcoin this Sunday.
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 16th August 2020 12:56:34, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.