Binance's BTCUSDT and Huobi DM's BTC_CQ pairings reached a seven day high on the 23rd October 2019 indicating a 82% decrease from the 60 day high of 516.96, confirming a spread of -423.54 during the 29 days, the combination is positioned at 25.03 at 06:32 today with a profit of 0.00336028 BTC with every 1 BTC spent. Since we began we have verified a arbitrage high reach of 516.96 this year alone. In the last 24 hours the spread reached a high of 49.46 resulting in a -467.5 decrease on the year resulting in a 90.4% contraction of that previous height. Binance and Huobi DM BTCUSDT to BTC_CQ is 24th currently. This arbitrage combination isn't looked upon as a fanciful action, and should be treated as such with Binance BTCUSDC to HBDM BTC_CQ and Binance ETHUSDT to Kraken XETHXXBT which should be investigated.
25th October 2019 06:32:40 UTC - 3 weeks ago
Binance BTCUSDT @ 7451.75000000
Huobi DM BTC_CQ @ 7426.72000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00336028 BTC with a 0.34% return
Bitcoin Trade Size
This renders a profit of 0.13273 BTC when you put up 39.5 bitcoin of BTCUSDT at Binance at the current price of 7,451.75 and order the matched volume of 39.5 BTC of BTC_CQ at Huobi DM for 7,426.72 resulting in 989.07 USD net gain with bitcoin holding at 7,452 USD. Presently the advice is to look at this more, as it would return a profit when done to the sound of 0.0033603 to each 1 bitcoin. With everything reported it seems points that the profits would be rendering it not worthwhile if you pay transfer commissions, and, chiefly when presented with the choice of Binance ETHUSDT to Kraken XETHXXBT providing 0.02166315 bitcoin profit per 1 bitcoin this Friday 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 25th October 2019 06:32:40, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.