Binance's LTCBTC and Huobi's LTC_CQ reached a 7 day period high on the 16th March 2020 at 10:57 marking a -28.17% increase from the 90 day high of -21.881695, making a difference of -6.164739 over 3 days, the combination currently spreads at -40.693759 from 12:54:10 today looking at profit of 0.00008710 bitcoin with every one BTC spent. Since we began we have witnessed this topping off at -21.881695 in the past month. In the last 24 hours the spread reached a high of -34.88077 resulting in a -12.999075 short this year marking a -59.4% decrease from that spread. Binance's LTCBTC and Huobi's LTC_CQ pairings is 123rd currently. This arbitrage spread should not be considered a excellent change, and nowhere near Bitfinex ETHBTC to Bitmex ETHH20 and Bitmex ETHUSD to Poloniex BTC_ETH which should be primary.
20th March 2020 12:54:10 UTC - 2 weeks ago
Binance LTCBTC @ 0.00624100
Huobi LTC_CQ @ 40.70000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00008710 BTC with a 1.4154% return
Bitcoin Trade Size
This contributes to an income of 0.001742 BTC if you close 20 bitcoin of LTCBTC at Binance at the market price of 0.00624100 and buy the exact volume of 20 BTC of LTC_CQ at Huobi set at 40.70000000 bringing a $11.52 net gain with bitcoin stable at $6,610. Today we recommend look into this, as it would provide profit when performed to the amount of 0.00008710 per one bitcoin. The thought process indicates that the gains will be stunted causing doubt to proceed especially when you have the option of Bitmex ETHUSD to Poloniex BTC_ETH providing 0.02189592 BTC profit per 1 bitcoin 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 20th March 2020 12:54:10, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
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