Our 10th update on HBDM's and Binance's ETH_NW to ETHUSDT since 5th December 2019. Since the 20th June 2019 we have been monitoring of HBDM's ETH_NW and Binance's ETHUSDT combination pairs arbitrage spreads, currently there is an available 0.42% return running this trade as it is currently showing okay since Friday, the pairing currently is spread at 0.594 as of 11th January from 12:24:07 with a profit of 0.00007502 bitcoin with every one BTC spent. Since we began we have verified this range topping off at 16.76 this year. In the last 24 hours the spread reached a high of 0.819 resulting in a -15.941 shortening this year signalling a 95.11% reduction. HBDM's ETH_NW and Binance's ETHUSDT pairings is positioned 116th from a selection of 221 we support. This arbitrage opportunity is not looked upon as a fantastic movement, and not the same as HBDM BTC_CQ to Binance BTCUSDT and HBDM BTC_CQ to Bitfinex BTCUSD which should take your attention.
11th January 2020 12:24:07 UTC - 2 weeks ago
HBDM ETH_NW @ 143.33400000
Binance ETHUSDT @ 142.74000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00007502 BTC with a 0.42% return
Bitcoin Trade Size
This contributes to an income of 0.00128 bitcoin if you auction 17 BTC of ETH_NW at HBDM at the price of 143.33400000 and order the exact amount of 17 bitcoin of ETHUSDT at Binance set at 142.74000000 giving a $10.30 gain with BTC stable at $8,051. We would advise look at this more, as it would result in profit if carried out to the sound of 0.0000750 for each one bitcoin. With the data returned points that the profits will be limited placing doubt to proceed if you acknowledge transfer and exchange fees, and, chiefly when faced with the profits given by HBDM BTC_CQ to Bitfinex BTCUSD returning 0.01957591 BTC return per one bitcoin 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 11th January 2020 12:24:07, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.