Our 20th update on Huobi and Bitstamp's BTC_CQ and BTCUSD since 16th March 2020. On 10th August 2019 we included providing of Huobi BTC_CQ to Binance BTCPAX arbitrage opportunities, these past 9 minutes you can get 0.630% return swapping this trade as it is momentarily holding adequate return this week, the combination currently is spread at 53.15 as of 3rd June 2020 from 02:54:43 looking at profit of 0.00629673 bitcoin with every 1 bitcoin spent. Since tracking begun we have viewed the spread height of 340 in the past month. In the last 24 hours the spread reached a high of 152.08 resulting in a -468.16 short this year marking a 75% shortening. Huobi and Binance BTC_CQ to BTCPAX is placed 11th currently. This arbitrage combination isn't a premium change, and not in the same league as HBDM BTC_CQ to Binance BTCPAX and Bitmex ETHUSD to Poloniex BTC_ETH which should be more attractive.
3rd June 2020 02:54:43 UTC - 16 weeks ago
Huobi BTC_CQ @ 9554.80000000
Binance BTCPAX @ 9501.65000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00629673 BTC with a 0.630% return
Bitcoin Trade Size
This earns an income of 0.025187 BTC if you spend 4 bitcoin of BTC_CQ at Huobi at the current price of 9,554.80 and order the matched quantity of 4 BTC of BTCPAX at Binance for 9,501.65 meaning a 239.20 USD net gain with BTC trading at 9,497 USD. Presently the advice is to investigate this arbitrage opportunity more, as it would result in profit when executed to the tune of 0.006297 for every one bitcoin.
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 3rd June 2020 02:54:43, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
We have been keeping our heads down and developing our Marker Taker Spread Trading Functionality for a little while now, and we are getting closer and closer to releasing this in the near to medium future.