On 7th November 2019 we enabled supporting of Poloniex's USDT_BTC and Binance's BTCTUSD match up arbitrage opportunities, as of now you can get 0.1536% return running this trade as it is temporarily showing fair return today, the combination currently is spread at -1.67010944 as of 26th November 2019 from 14:04:42 looking at profit of 0.00153297 bitcoin for every 1 BTC traded. Since we began we have verified its range top out at 86 since the beginning of November 2019. In the last 24 hours the spread reached a high of 14 resulting in a -72 short on the year resulting in a 84% decrease from that high. Poloniex to Binance with USDT_BTC BTCTUSD is positioned 40th currently. This spread is not looked upon as superb movement, and not the same as Bitfinex BTCUSD to Binance BTCPAX and Binance ETHUSDT to Kraken XETHXXBT which should take your cash.
26th November 2019 14:04:42 UTC - 2 weeks ago
Poloniex USDT_BTC @ 7055.20989056
Binance BTCTUSD @ 7056.88000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00153297 BTC with a 0.1536% return
Bitcoin Trade Size
This provides an income of 0.0169 bitcoin if you auction 11 BTC of USDT_BTC at Poloniex at the current price of 7,055.21 and buy the matched amount of 11 BTC of BTCTUSD at Binance set at 7,056.88 bringing a 119.28 USD profit with BTC teetering at $7,058. We propose you look into this arbitrage opportunity more, this will return a profit if performed to the sound of 0.0015330 per one bitcoin. The spread shown indicates that the profits would be risky placing doubt to proceed, specifically when given the profits unlocked by Binance ETHUSDT to Kraken XETHXXBT returning 0.02044725 bitcoin profit per one BTC currently.
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 26th November 2019 14:04:42, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.