Our 16th update on Huobi DM and Bitstamp BTCCQ to BTCUSD since 17th December 2019. Bitfinex and Huobi Pro's BTCUSD and BTCUSDT reached a fourteen day period high on the 3rd January indicating an overall 37.2% shortening from the ninety day high of 172.06, making a spread of -64.06 over 69 days, the match currently spreads at 20.01 from 17:38:34 today looking at profit of 0.00278084 BTC for every one BTC spent. Since tracking started we have viewed the spread height of 108 in the past month between Huobi Pro and Binance Futures. In the last 24 hours the spread reached a high of 39.61 resulting in a -472.04 shortening on the year resulting in a 92.26% reduction. Bitfinex's and Huobi Pro's BTCUSD to BTCUSDT is positioned 42nd currently. This arbitrage spread isn't superb activity, and not the same as Bitfinex ETHF0-USTF0 to Bitmex ETHH20 and HBDM ETH_CQ to Bitmex ETHH20 with it being more attractive.
5th January 2020 17:38:34 UTC - 3 weeks ago
Bitfinex BTCUSD @ 7481.40000000
Huobi Pro BTCUSDT @ 7461.40000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00278084 BTC with a 0.28% return
Bitcoin Trade Size
This earns a profit of 0.07508 BTC when you risk 27 bitcoin of BTCUSD at Bitfinex at the price of 7,481.40 and buy the interchangable amount of 27 BTC of BTCUSDT at Huobi Pro priced at 7,461.39 meaning a 560.23 USD gain with bitcoin fluttering at $7,462. The signals indicate that you should examine this more, this will return a profit if executed to the amount of 0.00278084 per one bitcoin. The spread shown points that the gains will be poor rendering it not worthwhile if you draft in exchange and transfer fees, and, specifically when given the option of HBDM ETH_CQ to Bitmex ETHH20 returning 0.01868960 bitcoin return per 1 bitcoin currently.
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 5th January 2020 17:38:34, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.