On 25th January 2020 we included capturing of Huobi's BCHCQ and Binance's BCHBTC pairings arbitrage combination, today you can get 0.79% return swapping this trade as it is momentarily holding constant return since Tuesday, the match is sat at 263.245406 at 03:06 today looking at profit of 0.00021116 BTC with every 1 BTC traded. Since we began we have seen its top out at 280.8075 since the beginning of June. In the last 24 hours the spread reached a high of 265.707235 meaning -264.912377 shortening on the year resulting in a 49.9% decrease. Huobi's BCHCQ and Binance's BCHBTC pairings is 71st currently. This arbitrage spread isn't looked upon as a excellent activity, and not profitable like HBDM BTC_CQ to Binance BTCPAX and Bitmex ETHUSD to Poloniex BTC_ETH which should take your hard-earned money.
5th June 2020 03:06:01 UTC - 5 weeks ago
Huobi BCHCQ @ 263.27200000
Binance BCHBTC @ 0.02659400
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00021116 BTC with a 0.79% return
Bitcoin Trade Size
This gives a profit of 0.00458 BTC if you auction 21.6667 bitcoin of BCHCQ at Huobi at the current price of 263.27200000 and buy the matching volume of 21.6667 BTC of BCHBTC at Binance set at 0.02659400 providing a 44.98 USD net gain with bitcoin trading at 9,822 USD. Our recommendation is to probe this arbitrage opportunity more, as it would provide profit when done to the amount of 0.000211 per 1 bitcoin. The information provided points that the gains will be small rendering it not worthwhile if you scrutinize transfer and exchange outgoings, and, notably when given the opportunities presented by Bitmex ETHUSD to Poloniex BTC_ETH returning 0.02488117 bitcoin profit per 1 bitcoin 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 5th June 2020 03:06:01, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.