On 26th June 2019 we added monitoring of Bitfinex's BABUSD and Huobi DM's BCHCQ combo pairs arbitrage combination, currently there is an available 0.179% return executing this recommendation as it is momentarily showing constant return this Wednesday, the combination currently spreads at 0.368 at 16:31 today looking at profit of 0.00005131 BTC with every 1 bitcoin spent. Since tracking begun we have watched its spread top out at 5.238 since the beginning of December 2019. In the last 24 hours the spread reached a high of 1.199 resulting in a -14.956 short this year making a 92.6% shortening from that top spread. Bitfinex Huobi DM with BABUSD BCHCQ is positioned 100th currently. This arbitrage combination should not be considered a fanciful action, and not profitable like Bitfinex BTCUSD to Binance BTCPAX and Bitfinex ETHBTC to Bitmex ETHZ19 which should appeal more.
11th December 2019 16:31:42 UTC - 6 weeks ago
Bitfinex BABUSD @ 206.08000000
Huobi DM BCHCQ @ 205.71200000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00005131 BTC with a 0.179% return
Bitcoin Trade Size
This nets an income of 0.00148799 bitcoin if you auction 29 BTC of BABUSD at Bitfinex at the current price of 206.08000000 and order the duplicate volume of 29 BTC of BCHCQ at Huobi DM set at 205.71200000 resulting in $10.70 profit with BTC fixed at $7,191 per 1 bitcoin. We would advise read up on this arbitrage pairing more, as it would provide profit if performed to the amount of 0.000051 for every one bitcoin. The spread shown indicates that the gains would be meager placing doubt to proceed, chiefly considering the opportunities presented by Bitfinex ETHBTC to Bitmex ETHZ19 returning 0.01987024 BTC profit per one bitcoin as of 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 11th December 2019 16:31:42, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.