On 8th June 2019 we added capturing of Bitfinex to Huobi with BTCUSD BTCCQ arbitrage spreads, as of now you can get 0.2443% return running this trade as it is temporarily displaying constant arbitrage return since Sunday, the combination currently is spread at 14.91 as of 2nd December 2019 from 14:13 with a profit of 0.00245140 bitcoin for every 1 bitcoin traded. Since tracking begun we have seen a range high of 216.7 in the past month. In the last 24 hours the spread reached a high of 50.5 meaning -669.5 short on the year creating a 93% contraction of that previous height. Bitfinex and Huobi's BTCUSD and BTCCQ is positioned 43rd from a pool of 223 combinations tracked. This combination isn't treated as a crazy activity, and nowhere near Bitfinex BTCUSD to Bitfinex BTCUST and Bitmex ETHUSD to Poloniex BTC_ETH which should take you.
2nd December 2019 14:13:13 UTC - 2 weeks ago
Bitfinex BTCUSD @ 7386.90000000
Huobi BTCCQ @ 7371.99000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00245140 BTC with a 0.2443% return
Bitcoin Trade Size
This harvests a profit of 0.0319 bitcoin if you risk 13 bitcoin of BTCUSD at Bitfinex at the price of 7,386.90 and order the matching volume of 13 BTC of BTCCQ at Huobi set at 7,371.99 turning a $234.23 net gain with BTC fixed at 7,343 USD per one BTC. Presently you will want to look into this, as it would return a profit if performed to the sound of 0.00245140 for each 1 BTC. The thought process points that the gains will be limited making it not worthwhile, notably when you consider the profits unlocked by Bitmex ETHUSD to Poloniex BTC_ETH giving 0.02029620 bitcoin return per one 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 2nd December 2019 14:13:13, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.