Bitmex and Huobi DM ETHUSDM20 to ETH_CQ reached a seven day high on the 28th May showing an overall 69% decrease from the 90 day high of 34.437, confirming a spread of -23.786 during the 18 days, the match is sat at 7.446 as of 2nd June from 13:32:28 looking at profit of 0.00073239 bitcoin with every 1 bitcoin traded. Since tracking begun we have witnessed this topping off at 9.546 in the past month between Bitstamp and Binance. In the last 24 hours the spread reached a high of 9.546 resulting in a -24.891 shortening this year creating a 72.28% change of that previous height. Bitmex to Huobi DM with ETHUSDM20 ETH_CQ is positioned 63rd out of 240 combinations monitored. This spread isn't a great change, and should be treated as such with HBDM BTC_CQ to Binance BTCTUSD and Bitmex ETHUSD to Poloniex BTC_ETH which should be considered.
2nd June 2020 13:32:28 UTC - 5 weeks ago
Bitmex ETHUSDM20 @ 261.60000000
Huobi DM ETH_CQ @ 254.12400000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00073239 BTC with a 2.927% return
Bitcoin Trade Size
This earns an income of 0.0344223 BTC when you leverage 47 BTC of ETHUSDM20 at Bitmex at the price of 261.65000000 and buy the same volume of 47 BTC of ETH_CQ at Huobi DM set at 254.20400000 meaning a $349.68 gain with BTC trading at $10,159. Currently we recommend that scrutinize this arbitrage opportunity more, as it would provide profit if carried out to the sound of 0.0007324 for every one BTC. With the data returned indicates that the profits will be small placing doubt to proceed, notably when you consider the opportunity of Bitmex ETHUSD to Poloniex BTC_ETH returning 0.02477462 BTC profit 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 2nd June 2020 13:32:28, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
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