HBDM and Kraken BTCCQ to XXBTZUSD reached a 14 day high on the 21st November 2019 marking an overall 70% shortening from the 90 day high of 432.9, confirming a difference of -302.08 during the 69 days, the match currently is spread at 12.23 from 14:40:37 today with a profit of 0.00190510 bitcoin for every 1 BTC spent. Since tracking begun we have witnessed this range topping off at 37.88 in the past month between Kraken and HBDM. In the last 24 hours the spread reached a high of 37.88 meaning -1261.16 short on the year creating a 97% contraction of that previous height. HBDM's BTCCQ to Kraken's XXBTZUSD is placed 43rd currently. This arbitrage spread should not be considered a fantastic action, and not in the same league as Bitfinex BTCUSD to Binance BTCTUSD and Bitfinex ETHF0-USTF0 to Kraken XETHXXBT with it being more appeal.
2nd December 2019 14:40:37 UTC - 2 weeks ago
HBDM BTCCQ @ 7305.63000000
Kraken XXBTZUSD @ 7293.40000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00190510 BTC with a 0.1902% return
Bitcoin Trade Size
This nets an income of 0.110496 BTC if you leverage 58 bitcoin of BTCCQ at HBDM at the price of 7,305.63 and buy the matching quantity of 58 BTC of XXBTZUSD at Kraken set at 7,293.40 bringing a 804.46 USD profit with BTC positioned at 7,280 USD. At present we recommend inquire this pairing more, this will return a profit when performed to the tune of 0.0019051 per one bitcoin. The current standing would be indicates that the profits will be stunted causing obvious doubt to proceed if you accept transfer outgoings, and, specifically seeing the profits granted by Bitfinex ETHF0-USTF0 to Kraken XETHXXBT resulting in 0.02036411 bitcoin profit per 1 bitcoin at 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 2nd December 2019 14:40:37, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.