Our 2nd update on Bitfinex and Binance LTCUSD to LTCBTC since 6th November 2019. Since the 24th June 2019 we have been providing of Bitfinex HBDM with LTCUSD LTCCQ arbitrage spreads, these past 8 minutes you can get 0.4684% return executing this swap as it is temporarily holding reliable this Tuesday, the pairing is sat at 0.207 from 15:06:28 today with a profit of 0.00003074 BTC for every one BTC exchanged. Since tracking started we have watched the pairing height of 1.046 since the beginning of November. In the last 24 hours the spread reached a high of 0.72 meaning -6.97 shortening from the year high making a 90.6% shortening. Bitfinex's LTCUSD and HBDM's LTCCQ pairings is 118th from 223 spreads we offer. This arbitrage spread isn't treated as a crazy development, and should be treated as such with Bitfinex BTCUSD to Binancefutures BTCUSDT and Binance ETHBTC to Bitmex ETHZ19 with it being more appeal.
26th November 2019 15:06:28 UTC - 33 weeks ago
Bitfinex LTCUSD @ 46.76700000
HBDM LTCCQ @ 46.56000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00003074 BTC with a 0.4684% return
Bitcoin Trade Size
This pays an income of 0.00289 bitcoin when you invest 94 BTC of LTCUSD at Bitfinex at the price of 46.76700000 and buy the duplicate quantity of 94 bitcoin of LTCCQ at HBDM priced at 46.56000000 bringing a $20.50 profit with the current price of BTC set at $7,093. We propose you explore this arbitrage pairing more, as it would return a profit if carried out to the tune of 0.000031 for each one bitcoin. The data shown indicates that the gains will be very small rendering it not worthwhile when you have the option of Binance ETHBTC to Bitmex ETHZ19 giving 0.02048312 BTC profit per one bitcoin this Tuesday morning.
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 26th November 2019 15:06:28, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.