On the 7th November 2019 we added supporting of Poloniex's USDTBTC and Binance's BTCTUSD combo pairs arbitrage opportunities, as of now you can get 0.15% return executing this recommendation as it is temporarily showing reliable return since Friday, the combination currently is spread at 5.93954923 from 01:51:36 today looking at profit of 0.00146636 BTC with every one bitcoin spent. Since tracking begun we have witnessed this pairing topping off at 101.000115 in the past month between Poloniex and Binance. In the last 24 hours the spread reached a high of 31.640057 meaning -289.439943 shortening this year signalling a 90.1% change from that top spread. Poloniex USDTBTC to Binance BTCTUSD is 40th currently. This arbitrage opportunity should not be considered a fanciful action, and not the same as HBDM BTC_CQ to Bitstamp BTCUSD and Binance ETHBTC to Kraken XETHXXBT which should be more attractive.
6th June 2020 01:51:36 UTC - 25 weeks ago
Poloniex USDTBTC @ 9587.37954923
Binance BTCTUSD @ 9581.44000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00146636 BTC with a 0.15% return
Bitcoin Trade Size
This gives an income of 0.02272858 BTC if you auction 15.5 bitcoin of USDTBTC at Poloniex at the market price of 9,587.38 and order the exact size of 15.5 BTC of BTCTUSD at Binance for 9,581.44 providing a 217.92 USD gain with the current price of bitcoin set at 9,588 USD. We propose you read up on this pairing more, as it would result in profit when executed to the sound of 0.00146636 for every 1 BTC. The advice would be indicates that the gains will be narrow making it not worthwhile when you deal with exchange and transfer costs, and, notably seeing the opportunity of Binance ETHBTC to Kraken XETHXXBT providing 0.02501939 bitcoin profit per 1 bitcoin as of 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 6th June 2020 01:51:36, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
We have been keeping our heads down and developing our Marker Taker Spread Trading Functionality for a little while now, and we are getting closer and closer to releasing this in the near to medium future.