Our 1st update on Huobi's LTC_CW and Binance's LTCBTC pairings since 4th November 2019. On 10th August 2019 we included capturing of HBDM's BTC_CQ to Binance's BTCUSDC arbitrage opportunities, presently there is an available 1.8112% return executing this swap as it is currently holding okay arbitrage return today, the match currently is spread at 139.57 at 16:25 today with a profit of 0.01810437 BTC with every one BTC exchanged. Since tracking started we have verified a arbitrage high reach of 175.28 since the 1st of January 2020. In the last 24 hours the spread reached a high of 171.8 meaning -283.84 short this year making a 62.3% decrease from that high. HBDM's BTC_CQ and Binance's BTCUSDC pairings is placed 7th out of the 212 we track. This combination is a great top 14 moment right now, and up there with the likes of Bitmex ETHUSD to Bitmex ETHH20 and HBDM BTC_CQ to Bitfinex BTCUSD.
10th January 2020 16:25:03 UTC - 2 weeks ago
HBDM BTC_CQ @ 8141.59000000
Binance BTCUSDC @ 8003.94000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.01810437 BTC with a 1.8112% return
Bitcoin Trade Size
This results in an income of 0.0905 bitcoin if you offload 5 BTC of BTC_CQ at HBDM at the price of 8,140.94 and buy the interchangable amount of 5 bitcoin of BTCUSDC at Binance for 8,001.37 turning a $724.03 net gain with bitcoin holding at $8,000. We propose you look into this, as it would result in profit when carried out to the sound of 0.018104 per 1 BTC.
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 10th January 2020 16:25:03, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.