Binance LTCUSDT to Huobi LTCNW reached a twenty eight day high on the 16th December indicating an overall 40.83% decrease from the ninety day high of 1.597, confirming a difference of -0.652 in 83 days, the pairing is sat at 0.105 at 16:25 today with a profit of 0.00001901 BTC for every 1 BTC traded. Since tracking started we have verified this topping off at 0.945 since the 1st of December 2019. In the last 24 hours the spread reached a high of 0.306 meaning -5.601 short this year providing a 94.82% shortening. Binance's LTCUSDT and Huobi's LTCNW match up is placed 133rd out of a possible 205 combinations monitored. This arbitrage spread isn't treated as a premium action, and not the same as HBDM BTC_CQ to Binance BTCPAX and Cexio ETH-BTC to Kraken XETHXXBT which should take your trading money.
19th December 2019 16:25:55 UTC - 6 weeks ago
Binance LTCUSDT @ 39.91000000
Huobi LTCNW @ 39.80500000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00001901 BTC with a 0.3418% return
Bitcoin Trade Size
This nets an income of 0.00163 BTC if you invest 86 bitcoin of LTCUSDT at Binance at the market price of 39.91000000 and buy the identical size of 86 BTC of LTCNW at Huobi priced at 39.80500000 meaning a $11.66 profit with bitcoin trading at 7,154 USD. We propose you look at this more, as it would result in profit when done to the tune of 0.000019 for each 1 bitcoin. The spread shown points that the gains would be meager making it not worthwhile if you pay costs, and when you consider the availability of Cexio ETH-BTC to Kraken XETHXXBT returning 0.01785150 BTC return per one BTC this Thursday morning.
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 19th December 2019 16:25:55, 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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