Our 3rd update on Bitfinex Bitstamp with LTCUSD LTCUSD since 19th October 2019. Huobi's BCH_CW and Binance's BCHABCBTC combination pairs reached a 14 day period high on the 30th October 2019 indicating a 7.0% shortening from the sixty day high of 333.261274, making a difference of -23.292493 during the 41 days, the combination currently is spread at 292.936497 at 14:27 today with a profit of 0.00015016 bitcoin with every 1 bitcoin exchanged. Since we began we have witnessed its arbitrage top out at 309.968781 since the 1st of November 2019. In the last 24 hours the spread reached a high of 295.498206 meaning -223.411393 shortening this year providing a 43.1% change from that top spread. Huobi and Binance's BCH_CW and BCHABCBTC is placed 91st currently. This combination should not be considered a special occurrence, and not the same as HBDM BTC_CQ to Bittrex USD-BTC and Bitfinex ETHBTC to Bitmex ETHZ19 which should take your cash.
4th November 2019 14:27:06 UTC - 29 weeks ago
Huobi BCH_CW @ 292.96800000
Binance BCHABCBTC @ 0.03150300
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00015016 BTC with a 0.477% return
Bitcoin Trade Size
This gives an income of 0.00375400 bitcoin when you invest 25 bitcoin of BCH_CW at Huobi at the market price of 292.96800000 and order the interchangable amount of 25 BTC of BCHABCBTC at Binance set at 0.03150300 turning a $34.75 gain with BTC positioned at 9,258 USD. We propose you look into this, this will return a profit when performed to the amount of 0.00015016 for every 1 BTC. With the information on hand indicates that the gains will be poor making it not worthwhile especially considering the profits presented by Bitfinex ETHBTC to Bitmex ETHZ19 resulting in 0.02009084 BTC 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 4th November 2019 14:27:06, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.