Since the 7th November 2019 we have been capturing market data of Poloniex and Binance's USDT_BTC and BTCTUSD arbitrage opportunities, presently you can get 0.25% return swapping this trade as it is momentarily displaying adequate arbitrage return since Monday, the pairing is positioned at 19.79619731 from 12:22:54 today looking at profit of 0.00251410 bitcoin for every 1 BTC exchanged. Since we began we have seen its spread top out at 63.535326 since the 1st of February 2020. In the last 24 hours the spread reached a high of 63.535326 meaning -36.654674 short from the year high signalling a 37% decrease. Poloniex USDT_BTC to Binance BTCTUSD is positioned 60th currently. This spread isn't a special development, and nowhere near HBDM BTC_CQ to Binance BTCUSDT and Bitmex XBTM20 to Binance BTCUSDT which should take you.
13th February 2020 12:22:54 UTC - 1 week ago
Poloniex USDT_BTC @ 10159.78619731
Binance BTCTUSD @ 10139.99000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00251410 BTC with a 0.25% return
Bitcoin Trade Size
This harvests a profit of 0.012 BTC when you sell 4.75 BTC of USDT_BTC at Poloniex at the market price of 10,159.79 and buy the same volume of 4.75 BTC of BTCTUSD at Binance priced at 10,139.99 meaning a 121.92 USD profit with BTC stable at 10,160 USD per 1 bitcoin. Presently the advice is to read up on this arbitrage opportunity more, as it would provide profit if carried out to the amount of 0.002514 for each 1 bitcoin. The information provided points that the gains would be stunted rendering it not worthwhile especially when presented with the profits given by Bitmex XBTM20 to Binance BTCUSDT resulting in 0.06230524 BTC profit per 1 BTC this Thursday.
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 13th February 2020 12:22:54, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.