Our 4th update on Huobi's ETH_CW and Binance's ETHBTC match up since 1st November 2019. Since the 10th August 2019 we have been supporting of Huobi ETH_CW to Binance ETHBTC arbitrage combination, today there is an available 0.2023% return running this trade as it is temporarily holding adequate since Saturday, the pairing is positioned at 148.202684 from 14:39:48 today looking at profit of 0.00004110 BTC with every one bitcoin exchanged. Since tracking proceeded we have seen the spread height of 194.977289 since the 1st of December 2019. In the last 24 hours the spread reached a high of 152.278465 resulting in a -72.280339 shortening on the year providing a 32.2% change from that spread. Huobi's ETH_CW and Binance's ETHBTC match up is 125th from a catalog of 232 combinations monitored. This spread isn't treated as a special movement, and should be considered as such with Bitfinex BTCUSD to Binancefutures BTCUSDT and Bitmex ETHUSD to Poloniex BTC_ETH which should take your trading euros.
2nd December 2019 14:39:48 UTC - 31 weeks ago
Huobi ETH_CW @ 148.22300000
Binance ETHBTC @ 0.02031600
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00004110 BTC with a 0.2023% return
Bitcoin Trade Size
This results in an income of 0.002 bitcoin when you offload 38.5 BTC of ETH_CW at Huobi at the price of 148.22300000 and order the very same size of 38.5 BTC of ETHBTC at Binance for 0.02031600 turning a $14.57 net gain with BTC trading at 7,284 USD. Our recommendation tonight is to explore this arbitrage pairing more, as it would result in profit if done to the sound of 0.00004110 for each 1 BTC. With the data returned indicates that the profits would be meager causing doubt to proceed when you have the opportunities presented by Bitmex ETHUSD to Poloniex BTC_ETH giving 0.02037010 bitcoin profit per 1 BTC as of 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 14:39:48, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.