A follow up and second opportunity to comment on HBDM ETHCQ to Binance ETHBTC since 6th September. On the 10th August 2019 we included monitoring of HBDM's ETHCQ and Binance's ETHBTC match up arbitrage opportunities, these past 7 minutes there is an available 0.699% return executing this recommendation as it is momentarily holding decent since Wednesday, the combination currently spreads at 178.931454 at 09:24 today looking at profit of 0.00012264 BTC with every 1 bitcoin exchanged. Since tracking begun we have viewed a range high reach of 205.971329 since the beginning of September 2019. In the last 24 hours the spread reached a high of 182.796086 meaning -37.158164 shortening on the year making a 16.89% shortening from that spread. HBDM and Binance's ETHCQ and ETHBTC is positioned 74th currently. This arbitrage combination isn't superb opportunity, and nowhere near HBDM BTC_CQ to HBDM BTC_CW and HBDM BTC_CQ to Binance BTCPAX which should be investigated.
12th September 2019 09:24:21 UTC - 1 week ago
HBDM ETHCQ @ 178.94900000
Binance ETHBTC @ 0.01754600
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00012264 BTC with a 0.699% return
Bitcoin Trade Size
This provides a profit of 0.004 bitcoin when you close 35.5 BTC of ETHCQ at HBDM at the price of 178.94900000 and buy the duplicate quantity of 35.5 BTC of ETHBTC at Binance for 0.01754600 resulting in $40.51 gain with bitcoin stable at $10,128 per one bitcoin. Our recommendation this evening is to look at this more, as it would result in profit when done to the sound of 0.00012264 per 1 BTC. The advice would be indicates that the profits would be modest causing obvious doubt to proceed when you accept exchange and transfer costs, and, specifically when presented with the availability of HBDM BTC_CQ to Binance BTCPAX giving 0.00947269 BTC profit per 1 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 12th September 2019 09:24:21, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.