On the 10th August 2019 we included monitoring of Huobi Bitstamp with BCHCQ BCHBTC arbitrage spreads, as of now there is an available 3.220% return executing this recommendation as it is currently holding bullish arbitrage return since Wednesday, the match is sitting at 320.06446625 at 03:46 today looking at profit of 0.00101529 bitcoin for every 1 BTC traded. Since we began we have seen this arbitrage topping off at 344.352271 since the 1st of September 2019. In the last 24 hours the spread reached a high of 344.352271 resulting in a -20.653071 shortening this year signalling a 5.66% decrease. Huobi's BCHCQ and Bitstamp's BCHBTC pairings is placed 55th from a selection of 188 spreads we offer. This arbitrage opportunity isn't superb occurrence, and should be considered as such with HBDM BTC_CQ to Binance BTCUSDT and HBDM BTC_CQ to Bitmex XBTUSD which should be more attractive.
19th September 2019 03:46:59 UTC - 5 weeks ago
Huobi BCHCQ @ 320.09600000
Bitstamp BCHBTC @ 0.03153375
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00101529 BTC with a 3.220% return
Bitcoin Trade Size
This earns an income of 0.01244 BTC if you spend 12.25 bitcoin of BCHCQ at Huobi at the current price of 320.09600000 and order the exact volume of 12.25 bitcoin of BCHBTC at Bitstamp for 0.03153375 yielding a 122.34 USD profit with the current price of bitcoin set at 9,834 USD per one BTC. Our recommendation this afternoon is to look into this, as it would return a profit when carried out to the tune of 0.00101529 per 1 bitcoin.
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 19th September 2019 03:46:59, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.