Our 1st update on Binance's BCHABCBTC and HBDM's BCH_CW combo pairs since 10th August 2019. Binance HBDM with BCHABCBTC BCH_CW reached a 7 day high on the 22nd November 2019 at 10:38 marking an overall -2% widening from the sixty day high of -197.52385, signaling a difference of -3.524275 over the 30 days, the pairing is sitting at -207.489895 as of 22nd November from 12:55:02 with a profit of 0.00006284 bitcoin with every one bitcoin spent. Since we began we have watched a range high reach of -197.52385 this year. In the last 24 hours the spread reached a high of -201.048125 resulting in a -3.524275 short this year providing a -1.8% shortening from that high. Binance and HBDM's BCHABCBTC and BCH_CW is 103rd from 224 spreads we offer. This arbitrage opportunity isn't superb movement, and nowhere near Bitfinex BTCUSD to Binance BTCPAX and Bitfinex ETHBTC to Bitmex ETHZ19 which should take your attention.
22nd November 2019 12:55:02 UTC - 3 weeks ago
Binance BCHABCBTC @ 0.02910400
HBDM BCH_CW @ 207.51900000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00006284 BTC with a 0.216% return
Bitcoin Trade Size
This gives an income of 0.00150816 BTC if you invest 24 bitcoin of BCHABCBTC at Binance at the price of 0.02910500 and order the same amount of 24 bitcoin of BCH_CW at HBDM set at 207.51900000 providing a 10.77 USD net gain with bitcoin stable at $7,140 per 1 bitcoin. Our recommendation is to probe this pairing more, as it would provide profit when done to the tune of 0.000063 per 1 BTC. With everything shown, details confirm indicates that the gains will be modest making it not worthwhile when you consider transfer and exchange fees, and especially seeing the opportunity of Bitfinex ETHBTC to Bitmex ETHZ19 resulting in 0.02099707 BTC return per 1 BTC right 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 22nd November 2019 12:55:02, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.