Since the 8th June 2019 we have been supporting of Huobi's BTC_CQ to Kraken's XXBTZUSD arbitrage spreads, currently there is an available 1.71% return swapping this trade as it is temporarily showing steady this Friday, the match is sitting at 133.09 at 15:32 today with a profit of 0.01708349 bitcoin for every one BTC spent. Since tracking proceeded we have watched this topping off at 1299.04 this year. In the last 24 hours the spread reached a high of 168.05 resulting in a -1130.99 decrease on the year resulting in a 87.1% change from that top spread. Huobi BTC_CQ to Kraken XXBTZUSD is placed 27th out of 228 spreads we offer. This arbitrage opportunity is not looked upon as a fantastic change, and not the same as Bitfinex ETHBTC to Poloniex BTC_ETH and HBDM BTC_CQ to Bitfinex BTCUSD which should lead you.
10th January 2020 15:32:24 UTC - 2 weeks ago
Huobi BTC_CQ @ 8181.89000000
Kraken XXBTZUSD @ 8048.80000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.01708349 BTC with a 1.71% return
Bitcoin Trade Size
This provides a profit of 0.103 BTC if you spend 6 BTC of BTC_CQ at Huobi at the current price of 8,181.89 and buy the twin volume of 6 bitcoin of XXBTZUSD at Kraken for 8,048.80 bringing a $829.73 profit with bitcoin trading at $8,056 per 1 bitcoin. Presently the advice is to scrutinize this pairing more, as it would result in profit when executed to the amount of 0.01708349 for each 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 10th January 2020 15:32:24, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
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