Huobi LTC_CQ to Binance LTCUSDT reached a seven day high on the 10th November 2019 at 16:16 marking a 40.2% shortening from the 60 day high of 3.064, signaling a difference of -1.232 in 26 days, the match is sitting at 0.651 from 12:34:58 today looking at profit of 0.00007829 BTC for every one bitcoin traded. Since tracking proceeded we have watched its spread top out at 3.064 since the beginning of November. In the last 24 hours the spread reached a high of 1.832 meaning -10.423 short on the year creating a 85.1% shortening. Huobi's LTC_CQ and Binance's LTCUSDT pairings is placed 122nd out of the 238 we support. This arbitrage spread isn't a special movement, and nowhere near HBDM BTC_CQ to Bitmex XBTUSD and Bitfinex ETHBTC to Bitmex ETHZ19 which should appeal more.
11th November 2019 12:34:58 UTC - 5 weeks ago
Huobi LTC_CQ @ 62.38100000
Binance LTCUSDT @ 61.73000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00007829 BTC with a 1.10% return
Bitcoin Trade Size
This represents an income of 0.0028967 BTC if you offload 37 bitcoin of LTC_CQ at Huobi at the market price of 62.38100000 and order the interchangable amount of 37 BTC of LTCUSDT at Binance priced at 61.73000000 turning a $25.20 net gain with BTC stable at $8,699. We would advise look at this more, as it would return a profit if performed to the amount of 0.00007829 for every 1 BTC. The data displayed indicates that the profits will be inadequate rendering it not worthwhile, notably when faced with the availability of Bitfinex ETHBTC to Bitmex ETHZ19 resulting in 0.02142154 bitcoin return per 1 BTC currently.
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 11th November 2019 12:34:58, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.