Huobi BTC_CW to Binance BTCUSDT reached a 7 day period high on the 10th November 2019 marking a 85.8% decrease from the 90 day high of 1032.17, making a difference of -885.88 over the 16 days, the pairing currently is spread at 11.81 as of 16th November from 18:48 looking at profit of 0.00140643 BTC for every one bitcoin traded. Since we began we have watched this topping off at 1032.17 in the past month. In the last 24 hours the spread reached a high of 17.4 meaning -1014.77 decrease from the year high resulting in a 98.3% change. Huobi's BTC_CW to Binance's BTCUSDT is placed 47th out of the 213 combinations tracked. This arbitrage opportunity should not be considered a excellent activity, and should be treated as such with HBDM BTC_CQ to Binance BTCPAX and Binance ETHUSDT to Kraken XETHXXBT which should be followed.
16th November 2019 18:48:23 UTC - 3 weeks ago
Huobi BTC_CW @ 8487.29000000
Binance BTCUSDT @ 8475.48000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00140643 BTC with a 0.1406% return
Bitcoin Trade Size
This contributes to an income of 0.0042 bitcoin when you sell 3 bitcoin of BTC_CW at Huobi at the price of 8,487.29 and order the twin quantity of 3 BTC of BTCUSDT at Binance for 8,475.48 providing a $35.60 gain with bitcoin positioned at 8,475 USD per one BTC. Our recommendation tonight is to analyze this arbitrage pairing more, this will return a profit if done to the sound of 0.001406 for each one bitcoin. The data displayed points that the profits will be risky placing doubt to proceed especially seeing the opportunity of Binance ETHUSDT to Kraken XETHXXBT giving 0.02154342 bitcoin profit per 1 bitcoin for the time being.
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 16th November 2019 18:48:23, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.