Our 3rd update on Bitfinex's LTCUSD and Huobi's LTCCQ since 5th December 2019. Since the 10th August 2019 we have been watching of HBDM's ETH_CQ and Binance's ETHBTC arbitrage opportunities, as of now you can get 0.1662% return swapping this trade as it is currently showing fair return since Monday, the combination is sat at 145.739901 as of 11th December 2019 from 13:42 looking at profit of 0.00003340 bitcoin with every 1 BTC spent. Since we began we have verified a spread high reach of 191.97741 since December began. In the last 24 hours the spread reached a high of 147.776946 meaning -81.381873 short this year signalling a 35.51% change. HBDM's ETH_CQ and Binance's ETHBTC pairings is placed 102nd out of the 218 spreads we positions. This arbitrage combination isn't looked upon as a premium change, and nowhere near Bitfinex BTCUSD to Bitstamp BTCUSD and Bitfinex ETHBTC to Bitmex ETHZ19 which should take you.
11th December 2019 13:42:37 UTC - 6 weeks ago
HBDM ETH_CQ @ 145.76000000
Binance ETHBTC @ 0.02009900
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00003340 BTC with a 0.1662% return
Bitcoin Trade Size
This represents a profit of 0.00162 BTC if you put up 48.5 bitcoin of ETH_CQ at HBDM at the current price of 145.76000000 and buy the exact amount of 48.5 bitcoin of ETHBTC at Binance for 0.02009900 providing a 11.73 USD net gain with bitcoin trading at 7,240 USD. Currently we recommend that look at the arbitrage spreads opportunities, as it would result in profit if carried out to the tune of 0.000033 for every 1 BTC. The information provided indicates that the profits would be stunted causing doubt to proceed, notably when you have the choice of Bitfinex ETHBTC to Bitmex ETHZ19 returning 0.02011222 bitcoin return per one bitcoin for the time being.
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 December 2019 13:42:37, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
We believe in terms of the liquidity, financial stability, and API strength, we added Bitfinex connection to Executium, as the benefits provided by this exchange (and also trading opportunities) far outweighed the risks or that perceived risks are being overestimated by the public, so come and find out more.