On 20th June 2019 we started supporting watching of Binance's LTCUSDT and Huobi's LTC_NW match up combination, these past 4 minutes there is an available 1.2412% return swapping this trade as it is momentarily showing reliable return since Friday, the pairing currently is spread at 0.416 from 09:16:18 today looking at profit of 0.00007465 BTC with every 1 BTC spent. Since we began we have seen this range topping off at 2.291 in the past month between Binance and Huobi. In the last 24 hours the spread reached a high of 0.698 resulting in a -5.209 shortening on the year resulting in a 88% reduction. Binance and Huobi LTCUSDT to LTC_NW is positioned 120th currently. This arbitrage spread should not be considered a premium change, and not in the same league as Binance ETHUSDT to Bitmex ETHH20 and HBDM ETH_CQ to Bitmex ETHH20 which should be considered.
21st March 2020 09:16:18 UTC - 3 weeks ago
Binance LTCUSDT @ 36.95000000
Huobi LTC_NW @ 36.54300000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00007465 BTC with a 1.2412% return
Bitcoin Trade Size
This gives an income of 0.00186625 bitcoin when you devote 25 BTC of LTCUSDT at Binance at the market price of 36.96000000 and buy the identical size of 25 BTC of LTC_NW at Huobi set at 36.54400000 yielding a $11.32 net gain with BTC fixed at $6,068 per 1 bitcoin. Right now we recommend look into this arbitrage opportunity more, as it would provide profit if done to the amount of 0.000075 to each one bitcoin. The opportunity though indicates that the gains will be meager causing needed doubt to proceed when given the option of HBDM ETH_CQ to Bitmex ETHH20 providing 0.02136466 BTC profit per 1 bitcoin at this moment.
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 21st March 2020 09:16:18, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.