Binance's ETHUSDT and Huobi's ETH_CW combination pairs reached a 28 day period high on the 14th July 2019 marking an overall 2% decrease from the 60 day high of 7.646, signaling a spread of -0.191 in 17 days, the pairing is positioned at 0.396 at 12:38 today looking at profit of 0.00003855 bitcoin for every one BTC spent. Since we began we have watched a high of 2.452 in the past month between Binance and Huobi DM. In the last 24 hours the spread reached a high of 2.452 meaning -5.194 shortening on the year making a 67.93% reduction. Binance ETHUSDT to Huobi ETH_CW is positioned 91st currently. This spread isn't a fanciful action, and not profitable like HBDM BTC_CQ to HBDM BTC_CW and Binance BCHABCBTC to Kraken BCHXBT which should be more attractive.
10th August 2019 12:38:04 UTC - 24 weeks ago
Binance ETHUSDT @ 204.95000000
Huobi ETH_CW @ 204.55400000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00003855 BTC with a 0.21% return
Bitcoin Trade Size
This results in a profit of 0.001 BTC if you invest 35 bitcoin of ETHUSDT at Binance at the current price of 204.95000000 and buy the interchangable amount of 35 BTC of ETH_CW at Huobi priced at 204.55400000 turning a 11.39 USD gain with the current price of BTC set at $11,389. At this moment we recommend look into this arbitrage pairing more, this will return a profit when carried out to the amount of 0.0000386 for every one bitcoin. The data displayed indicates that the profits will be confined causing doubt to proceed, specifically seeing the choice of Binance BCHABCBTC to Kraken BCHXBT providing 0.02721261 bitcoin profit per 1 BTC at present.
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 10th August 2019 12:38:04, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.