Only our second opportunity to comment on Bitfinex's LTCUSD and Huobi's LTCNW since 23rd August. Bitfinex Huobi with LTCUSD LTCNW reached a fourteen day high on the 23rd October 2019 showing an overall 74.6% decrease from the ninety day high of 2.179, signaling a difference of -1.626 in 29 days, the combination currently spreads at 0.246 at 11:46 today looking at profit of 0.00004254 bitcoin with every 1 bitcoin exchanged. Since we began we have watched a arbitrage high of 0.629 since the beginning of October 2019. In the last 24 hours the spread reached a high of 0.382 resulting in a -1.797 decrease this year resulting in a 82.47% change from that high. Bitfinex's LTCUSD and Huobi's LTCNW is 108th currently. This spread isn't looked upon as a excellent occurrence, and not profitable like Bitfinex BTCUSD to Binance BTCPAX and Bitfinex ETHBTC to Bitmex ETHZ19 which should take you.
25th October 2019 11:46:44 UTC - 3 weeks ago
Bitfinex LTCUSD @ 50.77600000
Huobi LTCNW @ 50.53000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00004254 BTC with a 0.64% return
Bitcoin Trade Size
This pays an income of 0.00174 BTC if you sell 41 bitcoin of LTCUSD at Bitfinex at the market price of 50.77600000 and buy the matching quantity of 41 bitcoin of LTCNW at Huobi for 50.53000000 bringing a 13.21 USD gain with bitcoin trading at 7,592 USD per 1 BTC. Right now we recommend to look at this more, as it would return a profit when executed to the tune of 0.0000425 for each 1 BTC. With everything reported it seems points that the gains would be narrow placing doubt to proceed, chiefly when you consider the availability of Bitfinex ETHBTC to Bitmex ETHZ19 providing 0.02182014 bitcoin return per 1 bitcoin as of 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 25th October 2019 11:46:44, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.