Since the 10th August 2019 we have been supporting of Huobi's LTCCQ and Binance's LTCBTC combo pairs arbitrage spreads, presently there is an available 0.573% return running this trade as it is momentarily displaying constant this week, the pairing is sitting at 59.131101 from 02:21:41 today looking at profit of 0.00003954 BTC for every one BTC exchanged. Since tracking started we have verified this pairing topping off at 82.330124 in the past month. In the last 24 hours the spread reached a high of 60.222014 resulting in a -32.61496 short on the year creating a 35.1% reduction from that spread. Huobi's LTCCQ and Binance's LTCBTC combo pairs is 93rd from a pool of 165 combinations. This arbitrage opportunity isn't a fantastic action, and nowhere near HBDM BTC_CQ to Kraken XXBTZUSD and Binance ETHUSDT to Kraken XETHXXBT which should take your hard-earned money.
10th October 2019 02:21:41 UTC - 2 weeks ago
Huobi LTCCQ @ 59.13800000
Binance LTCBTC @ 0.00689900
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00003954 BTC with a 0.573% return
Bitcoin Trade Size
This provides an income of 0.0034 BTC if you offload 86 BTC of LTCCQ at Huobi at the current price of 59.13800000 and order the corresponding amount of 86 bitcoin of LTCBTC at Binance for 0.00689900 turning a 28.98 USD net gain with the current price of BTC set at $8,523 per 1 BTC. Our recommendation is to to look more seriously at this pairing, this will return a profit if carried out to the sound of 0.000040 for each 1 bitcoin. The thought process indicates that the gains would be risky making it not worthwhile when you have the profits unlocked by Binance ETHUSDT to Kraken XETHXXBT returning 0.02250790 bitcoin profit per 1 BTC as of this moment.
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 10th October 2019 02:21:41, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.