Our 9th update on Huobi DM Kraken with BTC_CQ XXBTZUSD since 21st October 2019. Huobi Bitmex with BTC_CQ XBTUSD reached a 7 day high on the 4th November 2019 at 20:19 marking an overall 35.99% decrease from the 60 day high of 421.84, signaling a difference of -151.83 over the 45 days, the pairing currently is spread at 177.74 as of 7th November 2019 from 11:07:47 with a profit of 0.01935708 bitcoin with every one BTC exchanged. Since we began we have verified a pairing high reach of 278.09 since the beginning of November. In the last 24 hours the spread reached a high of 203.04 resulting in a -533.3 decrease from the year high creating a 72% contraction from that spread. Huobi BTC_CQ to Bitmex XBTUSD is positioned 14th out of the 214 we track. This arbitrage combination is not looked upon as a excellent activity, and not profitable like Bitstamp ETHBTC to Poloniex BTC_ETH and HBDM BTC_CQ to Binance BTCUSDC which should be followed.
7th November 2019 11:07:47 UTC - 1 week ago
Huobi BTC_CQ @ 9381.24000000
Bitmex XBTUSD @ 9203.50000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.01935708 BTC with a 1.937% return
Bitcoin Trade Size
This represents a profit of 1.64535 BTC when you put up 85 bitcoin of BTC_CQ at Huobi at the current price of 9,381.24 and order the same size of 85 bitcoin of XBTUSD at Bitmex set at 9,203.50 resulting in $15,150.38 net gain with BTC fixed at 9,208 USD. We would advise look at the combination opportunities, this will return a profit when performed to the sound of 0.01935708 per 1 BTC.
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 7th November 2019 11:07:47, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.