Our 9th update on Huobi's BTCCW and Binance's BTCTUSD pairings since 3rd January 2020. Since the 10th August 2019 we have been tracking of Huobi's BTCCW and Binance's BTCTUSD combination pairs combination, currently there is an available 0.2346% return running this swap as it is momentarily showing constant arbitrage return since Wednesday, the match currently is spread at 11.59 at 15:05 today looking at profit of 0.00234404 BTC for every 1 BTC traded. Since we began we have seen this pairing topping off at 51.98 in the past month. In the last 24 hours the spread reached a high of 37.38 meaning -898.91 decrease on the year marking a 96% change from that high. Huobi's and Binance's BTCCW to BTCTUSD is placed 39th from a selection of 218 arbitrage combinations monitored. This combination isn't a crazy opportunity, and nowhere near Binance ETHBTC to Kraken XETHXXBT and HBDM ETH_CQ to Bitmex ETHH20 with it being more attractive.
10th January 2020 15:05:28 UTC - 2 weeks ago
Huobi BTCCW @ 7966.10000000
Binance BTCTUSD @ 7953.56000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00234404 BTC with a 0.2346% return
Bitcoin Trade Size
This gives an income of 0.06875 BTC when you put up 29.33 BTC of BTCCW at Huobi at the market price of 7,964.72 and order the matched volume of 29.33 bitcoin of BTCTUSD at Binance priced at 7,953.13 yielding a $546.70 net gain with bitcoin trading at $7,952 per one bitcoin. Right now we recommend look into this, as it would provide profit if performed to the tune of 0.0023440 for each one BTC. The current standing would be points that the gains would be modest causing doubt to proceed when presented with the opportunity of HBDM ETH_CQ to Bitmex ETHH20 resulting in 0.01780334 BTC profit per 1 BTC at this moment.
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 15:05:28, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
There is a lot more to online trading than you might realise and here we are going to give you seven reasons why we feel that statistical arbitrage is one of the most important aspects involved in online trading.