Our 4th update on Huobi's BCHCQ and Bitmex's BCHU19 pairings since 6th September 2019. On the 10th August 2019 we enabled covering of Huobi's BCHCQ and Bitmex's BCHU19 arbitrage spreads, as of now you can get 0.9206% return running this recommendation as it is temporarily displaying constant return today, the pairing is sitting at 304.04621 from 11:22:13 today with a profit of 0.00027424 BTC for every 1 BTC exchanged. Since we began we have witnessed a pairing high reach of 350.76856 since September began. In the last 24 hours the spread reached a high of 310.78999 meaning -54.23136 shortening on the year creating a 14.9% reduction. Huobi's BCHCQ and Bitmex's BCHU19 pairings is positioned 69th currently. This arbitrage spread is not looked upon as a crazy movement, and should be treated as such with HBDM BTC_CQ to Binance BTCUSDT and HBDM BTC_CQ to Bittrex USD-BTC which should be primary.
11th September 2019 11:22:13 UTC - 23 weeks ago
Huobi BCHCQ @ 304.07600000
Bitmex BCHU19 @ 0.02979000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00027424 BTC with a 0.9206% return
Bitcoin Trade Size
This gives an income of 0.00960 BTC if you risk 35 BTC of BCHCQ at Huobi at the market price of 304.07600000 and order the identical size of 35 BTC of BCHU19 at Bitmex priced at 0.02979000 turning a 97.10 USD profit with bitcoin teetering at 10,114 USD. The signals indicate that you should examine this more, as it would result in profit if executed to the tune of 0.00027424 to each one BTC. The opportunity though indicates that the profits would be risky causing needed doubt to proceed, chiefly considering the opportunities presented by HBDM BTC_CQ to Bittrex USD-BTC resulting in 0.00905666 bitcoin profit per 1 bitcoin currently.
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 11th September 2019 11:22:13, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
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