Our 2nd update on Bitfinex's LTCUSD and Huobi's LTC_NW match up since 25th October 2019. Since the 10th August 2019 we have been watching of Bitfinex's LTCUSD and Huobi's LTC_NW pairings arbitrage opportunities, as of now there is an available 0.78% return swapping this recommendation as it is currently displaying okay arbitrage return this week, the match currently spreads at 0.333 at 12:58 today with a profit of 0.00005117 BTC for every one bitcoin traded. Since tracking proceeded we have witnessed a arbitrage high reach of 2.179 this year alone. In the last 24 hours the spread reached a high of 0.552 resulting in a -1.627 decrease from the year high resulting in a 74.67% decrease from that top spread. Bitfinex LTCUSD to Huobi LTC_NW is 122nd from a catalog of 233 combinations monitored. This spread is not looked upon as a great change, and nowhere near Bitfinex BTCUSD to HBDM BTC_CW and Bitmex ETHUSD to Poloniex BTC_ETH which should lead you.
23rd November 2019 12:58:39 UTC - 3 weeks ago
Bitfinex LTCUSD @ 47.11000000
Huobi LTC_NW @ 46.77700000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00005117 BTC with a 0.78% return
Bitcoin Trade Size
This earns a profit of 0.0018677 bitcoin if you auction 36.5 bitcoin of LTCUSD at Bitfinex at the price of 47.11000000 and order the identical amount of 36.5 BTC of LTC_NW at Huobi for 46.77700000 bringing a $13.36 profit with BTC holding at 7,152 USD per one BTC. We would advise read up on this arbitrage pairing more, as it would provide profit when executed to the tune of 0.0000512 for every one BTC. With everything shown, details confirm points that the profits would be confined placing doubt to proceed when presented with the availability of Bitmex ETHUSD to Poloniex BTC_ETH giving 0.02078416 bitcoin return per one bitcoin at this moment.
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 23rd November 2019 12:58:39, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.