HBDM's LTC_CQ and Bitstamp's LTCUSD reached a seven day high on the 11th January 2020 at 15:54 marking an overall 68% decrease from the ninety day high of 3.114, signaling a spread of -2.123 during the 88 days, the combination currently is spread at 0.793 from 18:54:48 today looking at profit of 0.00011431 bitcoin with every 1 bitcoin exchanged. Since we began we have watched the range height of 0.991 since the 1st of January 2020. In the last 24 hours the spread reached a high of 0.991 resulting in a -2.123 shortening this year signalling a 68% shortening. HBDM LTC_CQ to Bitstamp LTCUSD is positioned 113th out of the 228 spreads we positions. This arbitrage spread is not looked upon as a fantastic activity, and not the same as HBDM BTC_CQ to Binance BTCUSDT and HBDM BTC_CQ to Bitfinex BTCUSD with it being more attractive.
11th January 2020 18:54:48 UTC - 2 weeks ago
HBDM LTC_CQ @ 52.15300000
Bitstamp LTCUSD @ 51.36000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00011431 BTC with a 1.822% return
Bitcoin Trade Size
This gives a profit of 0.00137 BTC if you spend 12 BTC of LTC_CQ at HBDM at the current price of 52.15300000 and buy the exact volume of 12 bitcoin of LTCUSD at Bitstamp set at 51.36000000 yielding a $11.18 net gain with BTC positioned at $8,162 per 1 bitcoin. The signals indicate inquire this arbitrage opportunity more, as it would return a profit if performed to the sound of 0.00011431 for each 1 bitcoin. With everything reported it seems indicates that the gains will be poor making it not worthwhile, notably when given the opportunity of HBDM BTC_CQ to Bitfinex BTCUSD returning 0.02128030 BTC profit per one bitcoin this Saturday.
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 18:54:48, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.