Since the 10th August 2019 we have been supporting of Huobi's BTC_CW to Bitfinex's BTCUST combination, currently you can get 0.16% return running this swap as it is temporarily showing okay this week, the pairing is positioned at 4.49 from 15:39:12 today with a profit of 0.00156233 BTC for every one BTC exchanged. Since we began we have witnessed a spread high of 131.7 since the beginning of December 2019. In the last 24 hours the spread reached a high of 16.06 resulting in a -268.94 shortening on the year creating a 94% reduction. Huobi BTC_CW to Bitfinex BTCUST is placed 43rd out of the 223 combinations monitored. This arbitrage combination is not looked upon as a crazy change, and nowhere near Bitfinex BTCUSD to Binance BTCTUSD and Bitmex ETHUSD to Poloniex BTC_ETH which should appeal more.
2nd December 2019 15:39:12 UTC - 31 weeks ago
Huobi BTC_CW @ 7324.99000000
Bitfinex BTCUST @ 7320.50000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00156233 BTC with a 0.16% return
Bitcoin Trade Size
This results in a profit of 0.03124660 BTC if you invest 20 bitcoin of BTC_CW at Huobi at the market price of 7,324.99 and buy the matched quantity of 20 bitcoin of BTCUST at Bitfinex set at 7,320.50 resulting in $228.63 net gain with bitcoin fixed at 7,317 USD. The signals demonstrate that you should examine this more, as it would provide profit when done to the tune of 0.00156233 for every one BTC. With the information on hand indicates that the profits would be narrow placing doubt to proceed when you factor in fees, and especially when presented with the option of Bitmex ETHUSD to Poloniex BTC_ETH returning 0.02033618 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 2nd December 2019 15:39:12, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.