HBDM BTC_CQ to Bitfinex BTCUSD reached a seven day period high on the 26th August marking an overall 80.3% shortening from the 60 day high of 719.84, making a spread of -577.84 in 20 days, the combination is positioned at 24.81 at 05:27 today with a profit of 0.00259146 bitcoin for every 1 BTC exchanged. Since we began we have verified a pairing high reach of 719.84 in the past month between Bitfinex and Huobi. In the last 24 hours the spread reached a high of 41.99 meaning -1023.06 decrease on the year providing a 96.06% change from that spread. HBDM's BTC_CQ and Bitfinex's BTCUSD combo pairs is 16th out of a possible 158 we track. This combination isn't a excellent occurrence, and not in the same league as HBDM BTC_CQ to Binance BTCUSDC and HBDM BTC_CQ to Bitmex XBTUSD which should appeal more.
31st August 2019 05:27:40 UTC - 48 weeks ago
HBDM BTC_CQ @ 9656.51000000
Bitfinex BTCUSD @ 9631.70000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00259146 BTC with a 0.26% return
Bitcoin Trade Size
This nets a profit of 0.02980179 BTC if you offload 11.5 BTC of BTC_CQ at HBDM at the current price of 9,656.51 and order the exact volume of 11.5 BTC of BTCUSD at Bitfinex for 9,631.70 giving a 286.47 USD profit with the current price of BTC set at 9,612 USD. Today we recommend that you should examine this more, as it would return a profit when performed to the amount of 0.00259146 for each one BTC. The opportunity though points that the profits would be small placing doubt to proceed when you draft in exchange commissions, and, chiefly when faced with the profits presented by HBDM BTC_CQ to Bitmex XBTUSD resulting in 0.00541075 BTC profit per one bitcoin at present.
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 31st August 2019 05:27:40, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
So you have heard the term statistical arbitrage a few times while trading online but you are still not completely sure what it is exactly. Never fear, as we have all of the information you need to know in this article.