Huobi Bitfinex with BCHCQ BABUSD reached a 7 day period high on the 14th February indicating an overall 20% shortening from the ninety day high of 43.826, making a difference of -8.82 in 3 days, the combination currently is spread at 14.233 at 06:51 today with a profit of 0.00142844 bitcoin for every 1 bitcoin traded. Since we began we have watched this spread topping off at 43.826 this year alone. In the last 24 hours the spread reached a high of 15.589 resulting in a -28.237 decrease on the year resulting in a 64% change from that high. Huobi to Bitfinex with BCHCQ BABUSD is placed 82nd currently. This combination is not looked upon as superb opportunity, and nowhere near HBDM BTC_CQ to Bitfinex BTCUSD and Bitmex XBTM20 to Binance BTCUSDT which should be investigated.
19th February 2020 06:51:16 UTC - 7 weeks ago
Huobi BCHCQ @ 430.13600000
Bitfinex BABUSD @ 415.47000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00142844 BTC with a 3.4713% return
Bitcoin Trade Size
This harvests an income of 0.024283 bitcoin if you sell 17 BTC of BCHCQ at Huobi at the price of 429.45300000 and order the same size of 17 bitcoin of BABUSD at Bitfinex for 415.22000000 giving a $245.02 profit with the current price of bitcoin set at 10,090 USD per one bitcoin. Presently the advice is to investigate this arbitrage opportunity more, as it would return a profit if performed to the sound of 0.0014284 for each 1 BTC.
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 19th February 2020 06:51:16, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.