Since the 10th August 2019 we have been monitoring of Bitstamp's LTCUSD and Huobi's LTCNW match up spread, today there is an available 1.0990% return executing this trade as it is temporarily holding steady return today, the match is positioned at 0.322 from 10:30:35 today looking at profit of 0.00006748 BTC with every 1 bitcoin spent. Since we began we have viewed a spread high of 5.179 since the 1st of March 2020. In the last 24 hours the spread reached a high of 0.792 resulting in a -4.387 shortening on the year providing a 85% shortening from that spread. Bitstamp's LTCUSD and Huobi's LTCNW pairings is positioned 120th from a selection of 250 combinations monitored. This arbitrage spread is not looked upon as a fantastic change, and not the same as Binance ETHUSDT to Bitmex ETHH20 and Bitfinex ETHUSD to Bitmex ETHH20 which should appeal more.
21st March 2020 10:30:35 UTC - 57 weeks ago
Bitstamp LTCUSD @ 37.35000000
Huobi LTCNW @ 37.02800000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00006748 BTC with a 1.0990% return
Bitcoin Trade Size
This pays a profit of 0.005 bitcoin if you sell 68 bitcoin of LTCUSD at Bitstamp at the market price of 37.35000000 and buy the same quantity of 68 bitcoin of LTCNW at Huobi priced at 37.02800000 bringing a $30.08 gain with BTC trading at $6,017. We would advise that you should examine this more, this will return a profit when done to the amount of 0.0000675 to each 1 bitcoin. Everything shown says indicates that the profits would be meager placing doubt to proceed, notably seeing the profits given by Bitfinex ETHUSD to Bitmex ETHH20 giving 0.02144580 bitcoin return per one BTC 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 21st March 2020 10:30:35, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.