Our 21st update on HBDM's LTCCQ to Binance's LTCUSDT since 17th January 2020. HBDM LTCCQ to Binance LTCUSDT reached a 7 day period high on the 15th February 2020 at 16:03 marking a 14.9% decrease from the ninety day high of 5.862, confirming a spread of -0.871 over the 2 days, the match currently spreads at 2.118 at 06:12 today looking at profit of 0.00022370 bitcoin for every 1 bitcoin exchanged. Since we began we have witnessed this spread topping off at 5.862 in the past month. In the last 24 hours the spread reached a high of 2.41 resulting in a -9.845 shortening from the year high marking a 80% contraction from that spread. HBDM's LTCCQ and Binance's LTCUSDT combo pairs is 110th from 244 spreads we positions. This spread should not be considered a fantastic opportunity, and not in the same league as HBDM BTC_CQ to Binance BTCPAX and Bitmex XBTM20 to Binance BTCUSDT which should be more attractive.
21st February 2020 06:12:47 UTC - 7 weeks ago
HBDM LTCCQ @ 73.97800000
Binance LTCUSDT @ 71.86000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00022370 BTC with a 3.015% return
Bitcoin Trade Size
This pays an income of 0.00782950 BTC when you leverage 35 BTC of LTCCQ at HBDM at the market price of 73.97800000 and order the corresponding quantity of 35 bitcoin of LTCUSDT at Binance set at 71.86000000 yielding a $75.77 profit with bitcoin holding at 9,678 USD. We would advise analyze this pairing more, as it would return a profit if executed to the sound of 0.0002237 to each one bitcoin. Everything shown says points that the profits would be curbed making it not worthwhile, chiefly when you have the availability of Bitmex XBTM20 to Binance BTCUSDT providing 0.04459213 BTC return per 1 bitcoin 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 February 2020 06:12:47, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.