Huobi's LTC_CQ and Bitfinex's LTCUSD match up reached a fourteen day period high on the 19th February 2020 indicating an overall 28% shortening from the sixty day high of 5.59, confirming a difference of -1.576 during the 8 days, the match currently is spread at 0.758 as of 3rd March 2020 from 04:37:30 looking at profit of 0.00008929 bitcoin for every 1 BTC spent. Since tracking proceeded we have seen its arbitrage top out at 5.59 in the past month. In the last 24 hours the spread reached a high of 1.05 meaning -10.516 decrease on the year resulting in a 91% contraction from that high. Huobi's LTC_CQ to Bitfinex's LTCUSD is placed 128th from 227 we track. This combination isn't treated as a crazy movement, and should be treated as such with Binance ETHBTC to Kraken XETHXXBT and Bitmex XBTM20 to Binance BTCUSDT which should be considered.
3rd March 2020 04:37:30 UTC - 5 weeks ago
Huobi LTC_CQ @ 61.81100000
Bitfinex LTCUSD @ 61.05300000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00008929 BTC with a 1.293% return
Bitcoin Trade Size
This gives an income of 0.0088 BTC if you leverage 99 bitcoin of LTC_CQ at Huobi at the current price of 61.81100000 and order the exact volume of 99 BTC of LTCUSD at Bitfinex for 61.05300000 resulting in $77.76 net gain with bitcoin positioned at 8,837 USD. The signals indicate probe this pairing more, as it would result in profit if executed to the sound of 0.000089 for every one bitcoin. Everything shown says indicates that the profits would be curbed rendering it not worthwhile, notably considering the availability of Bitmex XBTM20 to Binance BTCUSDT returning 0.03393605 bitcoin profit per 1 bitcoin at present.
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 March 2020 04:37:30, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.