Our 16th update on HBDM's BTC_CW and Binance's BTCTUSD pairings since 1st March 2020. Since the 10th August 2019 we have been supporting of HBDM Binance with BTC_CW BTCTUSD arbitrage combination, these past 5 minutes there is an available 0.2329% return executing this recommendation as it is temporarily holding fair return today, the pairing currently is spread at 20.54 at 10:59 today looking at profit of 0.00233221 BTC with every 1 bitcoin traded. Since we began we have seen a high of 48.37 in the past month between Binance Futures and Bitfinex. In the last 24 hours the spread reached a high of 48.37 meaning -887.92 short from the year high making a 94.83% decrease. HBDM's BTC_CW and Binance's BTCTUSD combo pairs is 52nd from a catalog of 230 spreads we offer. This arbitrage opportunity isn't a crazy activity, and not profitable like Bitstamp ETHBTC to Poloniex BTC_ETH and Bitmex XBTM20 to Binance BTCUSDT which should be followed.
6th March 2020 10:59:31 UTC - 5 weeks ago
HBDM BTC_CW @ 9179.63000000
Binance BTCTUSD @ 9158.87000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00233221 BTC with a 0.2329% return
Bitcoin Trade Size
This harvests a profit of 0.0684 BTC when you close 29.3333 BTC of BTC_CW at HBDM at the price of 9,179.63 and order the twin quantity of 29.3333 bitcoin of BTCTUSD at Binance set at 9,159.09 yielding a $625.57 profit with BTC holding at $9,146 per one BTC. We propose you to look more seriously at this pairing, this will return a profit if carried out to the amount of 0.00233221 for each one BTC. The advice points that the gains will be making it not worthwhile when you pay exchange fees, and especially seeing the opportunities presented by Bitmex XBTM20 to Binance BTCUSDT resulting in 0.03571905 BTC return per one bitcoin as of this moment.
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 6th March 2020 10:59:31, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.