On the 19th June 2019 we started supporting watching of HBDM and Binance BTCNW to BTCUSDT spread, as of now you can get 0.18% return swapping this recommendation as it is currently holding decent return this Wednesday, the combination is positioned at 14.48 from 14:58:05 today with a profit of 0.00177666 bitcoin with every 1 BTC exchanged. Since tracking started we have watched a spread high of 53.45 since the beginning of January. In the last 24 hours the spread reached a high of 42.31 meaning -1021.32 decrease this year signalling a 96.02% change of that previous height. HBDM's BTCNW and Binance's BTCUSDT combo pairs is placed 35th currently. This arbitrage combination isn't a fantastic opportunity, and should be treated as such with Bitfinex ETHF0-USTF0 to Bitmex ETHH20 and HBDM ETH_CQ to Bitmex ETHH20 which should be considered.
8th January 2020 14:58:05 UTC - 3 weeks ago
HBDM BTCNW @ 8305.55000000
Binance BTCUSDT @ 8291.07000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00177666 BTC with a 0.18% return
Bitcoin Trade Size
This harvests an income of 0.05685312 BTC when you sell 32 BTC of BTCNW at HBDM at the current price of 8,305.55 and order the duplicate volume of 32 bitcoin of BTCUSDT at Binance set at 8,291.07 meaning a 471.36 USD net gain with BTC holding at $8,291. The signals expressed indicate that you should look at this more, this will return a profit if performed to the amount of 0.00177666 for every one BTC. With the data returned indicates that the profits would be limited rendering it not worthwhile especially when faced with the opportunities presented by HBDM ETH_CQ to Bitmex ETHH20 giving 0.01727628 bitcoin return per one bitcoin currently.
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 8th January 2020 14:58:05, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.