HBDM's BTC_CQ to Binance's BTCUSDC reached a seven day high on the 10th October showing an overall 1% decrease from the ninety day high of 437.5, confirming a difference of -2.86 over 69 days, the pairing is sitting at 236.6 as of 12th October from 01:58 looking at profit of 0.02083205 BTC for every one BTC exchanged. Since tracking proceeded we have watched its spread top out at 638.05 this year. In the last 24 hours the spread reached a high of 272.29 resulting in a -365.76 shortening from the year high resulting in a 57.32% decrease from that high. HBDM BTC_CQ to Binance BTCUSDC is 16th currently. This spread should not be considered a excellent development, and nowhere near HBDM BTC_CQ to Huobi BTCUSDT and Bitmex ETHUSD to Poloniex BTC_ETH with it being more attractive.
12th October 2020 01:58:29 UTC - 14 weeks ago
HBDM BTC_CQ @ 11631.39000000
Binance BTCUSDC @ 11394.79000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.02083205 BTC with a 2.0827% return
Bitcoin Trade Size
This provides a profit of 1.47908 BTC if you auction 71 bitcoin of BTC_CQ at HBDM at the price of 11,631.39 and buy the matched amount of 71 BTC of BTCUSDC at Binance for 11,394.79 giving a $16,849.06 gain with bitcoin trading at 11,392 USD. Today we recommend read up on this arbitrage pairing more, this will return a profit when performed to the sound of 0.0208321 for every one BTC.
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 12th October 2020 01:58:29, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.