Our 6th update on Bitfinex's BTCUSD and Huobi Pro's BTCUSDT combination pairs since 30th October 2019. Bitfinex and Huobi Pro's BTCUSD and BTCUSDT reached a 14 day high on the 26th October 2019 indicating an overall 66% decrease from the sixty day high of 511.65, confirming a spread of -339.59 during the 31 days, the combination is sitting at 20.76 from 14:58:31 today looking at profit of 0.00221859 BTC with every 1 BTC traded. Since tracking proceeded we have witnessed the range height of 134.9 in the past month between Bitmex and Huobi DM. In the last 24 hours the spread reached a high of 51.1 meaning -460.55 decrease from the year high marking a 90.0% shortening. Bitfinex's BTCUSD and Huobi Pro's BTCUSDT combination pairs is 33rd out of 185 we support. This arbitrage opportunity isn't a fanciful action, and not profitable like HBDM BTC_CQ to Bittrex USD-BTC and HBDM BTC_CQ to Bitfinex BTCF0:USTF0 which should lead you.
6th November 2019 14:58:31 UTC - 1 week ago
Bitfinex BTCUSD @ 9348.60000000
Huobi Pro BTCUSDT @ 9328.00000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00221859 BTC with a 0.2219% return
Bitcoin Trade Size
This renders an income of 0.0865250 bitcoin if you spend 39 bitcoin of BTCUSD at Bitfinex at the current price of 9,348.60 and order the interchangable volume of 39 bitcoin of BTCUSDT at Huobi Pro for 9,327.84 turning a $807.30 net gain with BTC jumping around at $9,330. Presently the advice is to look at the arbitrage opportunities opportunities, as it would return a profit if performed to the tune of 0.002219 for each 1 BTC. The current standing would be points that the profits would be very small placing doubt to proceed, notably when faced with the opportunity of HBDM BTC_CQ to Bitfinex BTCF0-USTF0 resulting in 0.02087942 BTC return per one 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 6th November 2019 14:58:31, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
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