Bitmex's XBTZ19 and Huobi DM's BTC_CQ pairings reached a fourteen day period high on the 11th November 2019 at 09:26 indicating a 16.9% decrease from the sixty day high of 116.89, making a difference of -19.79 in 16 days, the combination currently is spread at 16.88 at 13:47 today looking at profit of 0.00235366 bitcoin with every 1 BTC exchanged. Since we began we have seen its spread top out at 97.1 since the beginning of November. In the last 24 hours the spread reached a high of 79.5 meaning -37.39 short this year providing a 32% reduction. Bitmex and Huobi DM's XBTZ19 and BTC_CQ is placed 34th currently. This combination should not be considered a premium activity, and not profitable like Bitfinex BTCUSD to Bitfinex BTCF0:USTF0 and Bitmex ETHUSD to Poloniex BTC_ETH which should be primary.
23rd November 2019 13:47:25 UTC - 74 weeks ago
Bitmex XBTZ19 @ 7193.00000000
Huobi DM BTC_CQ @ 7176.12000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00235366 BTC with a 0.235% return
Bitcoin Trade Size
This represents a profit of 0.05060 BTC if you leverage 21.5 bitcoin of XBTZ19 at Bitmex at the market price of 7,193.00 and order the interchangable volume of 21.5 bitcoin of BTC_CQ at Huobi DM set at 7,176.12 yielding a 363.11 USD gain with BTC stable at $7,176. The signals demonstrate that you should examine this more, as it would provide profit if executed to the amount of 0.00235366 per 1 BTC. With everything shown, details confirm indicates that the profits would be curbed causing obvious doubt to proceed when faced with the profits presented by Bitmex ETHUSD to Poloniex BTC_ETH returning 0.02084423 BTC profit per one bitcoin at present.
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 13:47:25, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
I write this journal to go over the basics of trading digital assets on liquid exchanges. I will not delve deeply into fundamentals of the assets unless it is necessary to explain the trading strategy.