Our 7th update on HBDM's BTC_CQ and Binance's BTCUSDC pairings since 29th November 2019. HBDM's BTC_CQ to Binance's BTCUSDC reached a fourteen day high on the 21st November 2019 showing a 73% decrease from the sixty day high of 455.64, confirming a difference of -331.56 during the 27 days, the combination currently is spread at 19.48 at 14:28 today looking at profit of 0.00354793 bitcoin for every one BTC exchanged. Since tracking proceeded we have watched a pairing high reach of 455.64 this year. In the last 24 hours the spread reached a high of 31.61 resulting in a -424.03 decrease this year creating a 93% reduction from that top spread. HBDM's BTC_CQ and Binance's BTCUSDC pairings is 32nd out of a possible 226 we support. This arbitrage spread isn't a fantastic change, and nowhere near Bitfinex BTCUSD to Bitfinex BTCUST and Bitmex ETHUSD to Poloniex BTC_ETH which should take your trading euros.
2nd December 2019 14:28:26 UTC - 31 weeks ago
HBDM BTC_CQ @ 7347.61000000
Binance BTCUSDC @ 7328.13000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00354793 BTC with a 0.355% return
Bitcoin Trade Size
This gives a profit of 0.092 bitcoin if you put up 26 bitcoin of BTC_CQ at HBDM at the price of 7,347.61 and order the twin size of 26 BTC of BTCUSDC at Binance set at 7,328.13 giving a $673.42 net gain with BTC trading at 7,320 USD. The signals expressed indicate that you should read up on this arbitrage pairing more, as it would provide profit when done to the sound of 0.00354793 for every 1 bitcoin. With the data returned points that the profits will be risky rendering it not worthwhile if you factor in outgoings, and, specifically when faced with the choice of Bitmex ETHUSD to Poloniex BTC_ETH giving 0.02031208 BTC profit 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 2nd December 2019 14:28:26, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.