On 26th November 2019 executium included support of HBDM's LTCNW to Huobi Pro's LTCUSDT arbitrage combination, presently you can get 1.634% return swapping this trade as it is momentarily showing constant return today, the combination currently is spread at 0.433 at 10:47 today looking at profit of 0.00009092 BTC for every 1 bitcoin exchanged. Since tracking proceeded we have watched the height of 2 this year. In the last 24 hours the spread reached a high of 0.237 meaning -1.763 short on the year making a 88.15% contraction. HBDM Huobi Pro with LTCNW LTCUSDT is 177th out of 255 positions. This arbitrage spread should not be considered a special opportunity, and should be treated as such with Bitstamp BTCUSD to Binance BTCUSDT and Binance BTCPAX to HBDM BTC_CQ which should take your attention.
12th March 2020 10:47:39 UTC - 4 weeks ago
HBDM LTCNW @ 32.52300000
Huobi Pro LTCUSDT @ 32.09000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00009092 BTC with a 1.634% return
Bitcoin Trade Size
This gives a profit of 0.0019 BTC if you auction 21.33 bitcoin of LTCNW at HBDM at the market price of 32.52300000 and buy the duplicate volume of 21.33 bitcoin of LTCUSDT at Huobi Pro priced at 32.09000000 resulting in 10.83 USD net gain with bitcoin positioned at $5,700 per 1 BTC. Our recommendation is to that you should examine this more, as it would return a profit when carried out to the amount of 0.0000909 for every one bitcoin. Everything shown says indicates that the profits would be modest placing doubt to proceed especially considering the choice of Binance BTCPAX to HBDM BTC_CQ giving 0.09368421 BTC return per one BTC this Thursday morning.
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 12th March 2020 10:47:39, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.