On the 8th June 2019 we started watching of Bitfinex's BTCUSD and Huobi's BTCCQ match up arbitrage combination, as of now you can get 0.23% return executing this recommendation as it is momentarily displaying okay arbitrage return since Thursday, the combination currently spreads at 17.13 as of 9th December 2019 from 16:36:12 with a profit of 0.00230496 BTC with every one bitcoin exchanged. Since tracking proceeded we have viewed a range high reach of 216.7 since the beginning of December. In the last 24 hours the spread reached a high of 74.4 meaning -645.6 short on the year making a 89.7% contraction from that spread. Bitfinex BTCUSD to Huobi BTCCQ is positioned 33rd out of 220 we support. This arbitrage combination is not a crazy development, and should be considered as such with Bitfinex BTCUSD to Binance BTCPAX and Binance ETHUSDT to Kraken XETHXXBT which should be followed.
9th December 2019 16:36:12 UTC - 41 weeks ago
Bitfinex BTCUSD @ 7469.90000000
Huobi BTCCQ @ 7452.77000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00230496 BTC with a 0.23% return
Bitcoin Trade Size
This pays an income of 0.097 bitcoin when you put up 42 BTC of BTCUSD at Bitfinex at the price of 7,469.90 and order the matched quantity of 42 bitcoin of BTCCQ at Huobi set at 7,452.77 turning a 721.30 USD gain with the current price of bitcoin set at $7,436. For the time being investigate this pairing more, as it would result in profit when performed to the amount of 0.0023050 to each one bitcoin. The data displayed indicates that the gains will be curbed causing needed doubt to proceed, specifically seeing the profits presented by Binance ETHUSDT to Kraken XETHXXBT returning 0.01989746 BTC profit per 1 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 9th December 2019 16:36:12, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
Market Capitalization is an old principle that rules most trading platforms. It applies to cryptocurrency as well, as cryptocurrency is always looking for new ways and tools to enhance the performance of its users.