Since the 10th August 2019 we have been providing of HBDM to Bitstamp with LTC_NW LTCUSD spread, as of now you can get 0.563% return running this trade as it is currently showing adequate arbitrage return this Thursday, the combination is positioned at 0.199 from 14:04:47 today looking at profit of 0.00003761 bitcoin with every 1 bitcoin traded. Since tracking proceeded we have seen this range topping off at 0.486 in the past month between Huobi and Kraken. In the last 24 hours the spread reached a high of 0.383 meaning -2.435 decrease this year resulting in a 86.4% decrease from that top spread. HBDM's LTC_NW and Bitstamp's LTCUSD combination pairs is 134th currently. This arbitrage opportunity should not be considered a excellent change, and not profitable like Cexio ETH-BTC to Kraken XETHXXBT and HBDM BTC_CQ to Binance BTCTUSD which should take your euros.
7th November 2019 14:04:47 UTC - 1 week ago
HBDM LTC_NW @ 61.82900000
Bitstamp LTCUSD @ 61.63000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00003761 BTC with a 0.563% return
Bitcoin Trade Size
This harvests an income of 0.0036 BTC when you sell 96 bitcoin of LTC_NW at HBDM at the price of 61.82900000 and buy the corresponding size of 96 BTC of LTCUSD at Bitstamp set at 61.63000000 turning a $33.12 profit with the current price of BTC set at $9,199 per 1 BTC. Today we recommend to look at this more, as it would result in profit if done to the tune of 0.000038 to each 1 BTC. Everything shown says indicates that the gains will be very small rendering it not worthwhile when you factor in exchange costs, and seeing the profits granted by HBDM BTC_CQ to Binance BTCTUSD providing 0.02055290 BTC return per one bitcoin as of right now.
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 7th November 2019 14:04:47, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.