Our 33rd update on Huobi and Bitfinex's ETH_CQ and ETHUSD since 7th October 2020. Huobi's ETH_CQ and Bitfinex's ETHUSD combination pairs reached a 7 day high on the 10th October 2020 showing a 53% shortening from the sixty day high of 14.834, signaling a difference of -7.812 in 58 days, the combination is sat at 6.38 at 01:58 today looking at profit of 0.00056094 BTC with every one BTC spent. Since tracking begun we have seen the arbitrage height of 8.274 in the past month. In the last 24 hours the spread reached a high of 6.882 meaning -33.284 decrease on the year resulting in a 82.9% shortening. Huobi and Bitfinex ETH_CQ to ETHUSD is placed 64th currently. This arbitrage combination is not looked upon as a fantastic development, and not the same as HBDM BTC_CQ to Huobi BTCUSDT and Bitmex ETHUSD to Poloniex BTC_ETH which should lead you.
12th October 2020 01:58:20 UTC - 27 weeks ago
Huobi ETH_CQ @ 381.14000000
Bitfinex ETHUSD @ 374.76000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00056094 BTC with a 1.71% return
Bitcoin Trade Size
This provides a profit of 0.003366 bitcoin when you risk 6 bitcoin of ETH_CQ at Huobi at the market price of 381.14000000 and buy the identical volume of 6 BTC of ETHUSD at Bitfinex priced at 374.76000000 yielding a $38.34 profit with BTC stable at 11,392 USD per 1 bitcoin. The signals indicate probe this arbitrage pairing more, as it would result in profit if executed to the sound of 0.000561 for every 1 bitcoin. With the information on hand points that the gains will be confined rendering it not worthwhile when you examine transfer outgoings, and especially when presented with the choice of Bitmex ETHUSD to Poloniex BTC_ETH returning 0.03289835 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 12th October 2020 01:58:20, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.