On 10th August 2019 we started supporting watching of Huobi LTC_CW to Binance LTCBTC arbitrage spreads, currently you can get 0.385% return swapping this trade as it is momentarily showing fair today, the combination currently is spread at 61.801385 from 20:17:33 today looking at profit of 0.00002546 BTC with every 1 bitcoin spent. Since we began we have viewed a pairing high of 64.35989 since the beginning of November. In the last 24 hours the spread reached a high of 62.399335 meaning -29.189631 short on the year signalling a 31.9% decrease. Huobi and Binance's LTC_CW and LTCBTC is positioned 133rd currently. This arbitrage combination isn't a fantastic change, and not profitable like Bitfinex ETHF0-USTF0 to Kraken XETHXXBT and Bitmex XBTZ19 to Bitfinex BTCF0:USTF0 which should take your attention.
4th November 2019 20:17:33 UTC - 2 weeks ago
Huobi LTC_CW @ 61.80800000
Binance LTCBTC @ 0.00661500
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00002546 BTC with a 0.385% return
Bitcoin Trade Size
This gives an income of 0.001235 BTC when you spend 48.5 BTC of LTC_CW at Huobi at the market price of 61.80800000 and order the identical size of 48.5 bitcoin of LTCBTC at Binance priced at 0.00661500 meaning a $11.50 net gain with bitcoin fixed at 9,312 USD. We would advise look into this, this will return a profit if carried out to the sound of 0.000025 per 1 BTC. The advice points that the profits will be small causing doubt to proceed when you look at exchange commissions, and especially when presented with the opportunity of Bitmex XBTZ19 to Bitfinex BTCF0-USTF0 returning 0.02111218 BTC profit per one 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 4th November 2019 20:17:33, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.