On 9th June 2019 we started supporting watching of Huobi's BTC_CQ to Bitstamp's BTCUSD spread, presently you can get 1.69% return running this recommendation as it is temporarily holding constant this Thursday, the pairing currently spreads at 167.12 at 10:14 today looking at profit of 0.01693980 BTC with every 1 bitcoin traded. Since tracking proceeded we have watched its range top out at 302.99 since September began. In the last 24 hours the spread reached a high of 194.34 meaning -1147.64 shortening from the year high signalling a 85.5% shortening from that high. Huobi's BTC_CQ and Bitstamp's BTCUSD pairings is 10th out of the 231 spreads we positions. This arbitrage spread is a premium top fifteen moment today, and up there with the company of HBDM BTC_CQ to Bitfinex BTCUST and Bitmex ETHUSD to Poloniex BTC_ETH.
24th September 2020 10:14:26 UTC - 70 weeks ago
Huobi BTC_CQ @ 10500.69000000
Bitstamp BTCUSD @ 10330.88000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.01693980 BTC with a 1.69% return
Bitcoin Trade Size
This earns an income of 0.0847 BTC when you put up 5 bitcoin of BTC_CQ at Huobi at the market price of 10,500.69 and buy the matching quantity of 5 BTC of BTCUSD at Bitstamp priced at 10,333.57 bringing a 875.01 USD gain with bitcoin holding at $10,331. Currently we recommend that traders research this arbitrage opportunity more, this will return a profit when executed to the tune of 0.016940 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 24th September 2020 10:14:26, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.