On the 9th June 2019 we started supporting of Huobi and Bitstamp's BTC_CQ and BTCUSD arbitrage opportunities, these past 5 minutes you can get 0.17% return executing this trade as it is currently showing constant today, the match currently spreads at 4.63 at 15:30 today with a profit of 0.00169260 bitcoin with every one BTC exchanged. Since we began we have seen its range top out at 205 since the beginning of December. In the last 24 hours the spread reached a high of 57.16 resulting in a -1284.82 decrease on the year creating a 96% reduction of that previous height. Huobi's BTC_CQ and Bitstamp's BTCUSD combo pairs is 36th out of a possible 225 we track. This spread should not be considered a premium action, and not the same as Bitfinex BTCUSD to Binance BTCUSDC and Binance ETHUSDT to Kraken XETHXXBT which should be more attractive.
17th December 2019 15:30:04 UTC - 6 weeks ago
Huobi BTC_CQ @ 6746.29000000
Bitstamp BTCUSD @ 6741.66000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00169260 BTC with a 0.17% return
Bitcoin Trade Size
This contributes to an income of 0.039 BTC when you spend 23 BTC of BTC_CQ at Huobi at the price of 6,746.29 and buy the matched amount of 23 bitcoin of BTCUSD at Bitstamp set at 6,741.66 meaning a $262.90 gain with BTC trading at 6,741 USD per 1 bitcoin. The signals indicate analyze this arbitrage pairing more, as it would return a profit if carried out to the amount of 0.0016926 for every 1 bitcoin. The advice points that the gains would be risky rendering it not worthwhile when you have the option of Binance ETHUSDT to Kraken XETHXXBT returning 0.01907717 BTC return per one bitcoin 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 17th December 2019 15:30:04, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
We have been keeping our heads down and developing our Marker Taker Spread Trading Functionality for a little while now, and we are getting closer and closer to releasing this in the near to medium future.