Our 19th update on Huobi and Bitstamp's BTC_CQ and BTCUSD since 7th March 2020. Huobi and Bitstamp's BTC_CQ and BTCUSD reached a 7 day high on the 13th March 2020 showing a 33% decrease from the sixty day high of 603.5, making a difference of -198.43 over the 30 days, the match currently spreads at 12.9 from 09:44:47 today looking at profit of 0.00424929 BTC for every 1 BTC spent. Since we began we have watched a spread high of 457.3 since the 1st of March 2020. In the last 24 hours the spread reached a high of 92.58 resulting in a -1249.4 short on the year creating a 93.1% reduction from that top spread. Huobi's BTC_CQ and Bitstamp's BTCUSD match up is placed 50th currently. This arbitrage spread is not a crazy occurrence, and not in the same league as Bitfinex ETHF0-USTF0 to Bitmex ETHH20 and HBDM ETH_CQ to Bitmex ETHH20 which should appeal more.
16th March 2020 09:44:47 UTC - 32 weeks ago
Huobi BTC_CQ @ 4870.30000000
Bitstamp BTCUSD @ 4857.40000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00424929 BTC with a 0.425% return
Bitcoin Trade Size
This earns an income of 0.0191218 BTC if you sell 4.5 BTC of BTC_CQ at Huobi at the price of 4,870.30 and order the matched quantity of 4.5 BTC of BTCUSD at Bitstamp for 4,857.40 resulting in $92.80 profit with bitcoin stable at $4,853. Presently the advice is to look into this arbitrage opportunity more, as it would return a profit when carried out to the sound of 0.004249 to each 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 16th March 2020 09:44:47, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.