Our 31st update on Huobi's and Bitfinex's BCH_CQ to BABUSD since 6th May 2020. On 1st February 2020 we started watching of Huobi and Binance Futures's BTC_CQ and BTCUSDT arbitrage spreads, today there is an available 0.1588% return running this trade as it is temporarily holding fair arbitrage return this Saturday, the combination is sat at 14.59 as of 23rd May 2020 from 04:43 looking at profit of 0.00158742 BTC with every 1 bitcoin traded. Since we began we have verified a pairing high of 220.07 since the beginning of May 2020. In the last 24 hours the spread reached a high of 32.4 meaning -657.21 decrease on the year marking a 95.30% shortening from that top spread. Huobi and Binance Futures BTC_CQ to BTCUSDT is placed 13th currently. This combination should not be considered a high yield occurrence, and not profitable like Bitmex XBTM20 to Binance BTCUSDT and Cexio ETH-BTC to Kraken XETHXXBT which should be more attractive.
23rd May 2020 04:43:39 UTC - 27 weeks ago
Huobi BTC_CQ @ 9269.70000000
Binance Futures BTCUSDT @ 9255.11000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00158742 BTC with a 0.1588% return
Bitcoin Trade Size
This results in an income of 0.03492 bitcoin if you auction 22 BTC of BTC_CQ at Huobi at the market price of 9,269.70 and order the exact quantity of 22 BTC of BTCUSDT at Binance Futures set at 9,255.11 bringing a $323.37 net gain with bitcoin fixed at $9,260. We propose you look into this, this will return a profit if carried out to the amount of 0.001587 for each one bitcoin. The current standing would be points that the gains will be small rendering it not worthwhile, chiefly when presented with the opportunities presented by Cexio ETH-BTC to Kraken XETHXXBT resulting in 0.02257356 BTC profit per 1 bitcoin as of right now.
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 23rd May 2020 04:43:39, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
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