On 19th June 2019 we enabled covering of Binance to Huobi DM with BTCUSDT BTC_CW spread, currently there is an available 0.393% return swapping this trade as it is currently displaying decent since Sunday, the match is positioned at 17.32 from 12:48:55 today looking at profit of 0.00391242 bitcoin with every one bitcoin traded. Since tracking begun we have verified a spread high reach of 90.1 in the past month. In the last 24 hours the spread reached a high of 90.1 resulting in a -505.8 short on the year making a 84.88% reduction. Binance Huobi DM with BTCUSDT BTC_CW is positioned 33rd currently. This arbitrage spread should not be considered a premium action, and not profitable like Bitfinex ETHF0-USTF0 to Kraken XETHXXBT and Bittrex USD-BTC to Bitmex XBTUSD which should be followed.
23rd October 2019 12:48:55 UTC - 3 weeks ago
Binance BTCUSDT @ 7567.66000000
Huobi DM BTC_CW @ 7550.34000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00391242 BTC with a 0.393% return
Bitcoin Trade Size
This earns a profit of 0.0509 bitcoin when you risk 13 bitcoin of BTCUSDT at Binance at the price of 7,567.66 and order the interchangable volume of 13 BTC of BTC_CW at Huobi DM set at 7,550.34 providing a $385.22 profit with bitcoin fixed at 7,568 USD. Currently we recommend that traders to look more seriously at this pairing, as it would result in profit if executed to the sound of 0.003912 for each 1 bitcoin. Everything shown says points that the profits would be curbed making it not worthwhile especially when given the profits granted by Bittrex USD-BTC to Bitmex XBTUSD giving 0.05052245 BTC profit per 1 bitcoin 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 23rd October 2019 12:48:55, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.