Since the 12th April 2019 we have been capturing information from Kraken's XETHZUSD and Bitfinex's ETHUST arbitrage spreads, as of now you can get 0.351% return swapping this trade as it is temporarily displaying decent return since Thursday, the combination is sitting at 0.31 as of 27th March 2020 from 05:24:14 with a profit of 0.00007215 BTC for every 1 bitcoin spent. Since we began we have viewed its pairing top out at 16.88 since the beginning of March. In the last 24 hours the spread reached a high of 1.01 meaning -32.63 shortening on the year creating a 97% reduction of that previous height. Kraken's and Bitfinex's XETHZUSD to ETHUST is placed 117th currently. This arbitrage opportunity is not a excellent action, and should be considered as such with Binance ETHBTC to Bitmex ETHH20 and Bitmex ETHUSD to Bitmex ETHH20 which should take your cash.
27th March 2020 05:24:14 UTC - 20 weeks ago
Kraken XETHZUSD @ 137.29000000
Bitfinex ETHUST @ 136.98000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00007215 BTC with a 0.351% return
Bitcoin Trade Size
This pays an income of 0.00303030 bitcoin when you auction 42 BTC of XETHZUSD at Kraken at the market price of 137.29000000 and buy the matched amount of 42 BTC of ETHUST at Bitfinex priced at 136.98000000 providing a $20.16 profit with BTC holding at 6,653 USD. The signals indicate look at the arbitrage opportunities opportunities, this will return a profit if done to the sound of 0.000072 per 1 BTC. The opportunity though indicates that the gains will be small making it not worthwhile when you consider commissions, and, chiefly when given the profits unlocked by Bitmex ETHUSD to Bitmex ETHH20 returning 0.02065126 bitcoin return per one BTC now.
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 27th March 2020 05:24:14, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.