Our 18th update on Huobi BTCCQ to Binance BTCPAX since 9th September 2020. Huobi's and Bitfinex's BTCCW to BTCUST reached a seven day high on the 28th September marking an overall 87.9% decrease from the ninety day high of 214.38, signaling a spread of -188.38 over 57 days, the match currently spreads at 9.22 as of 2nd October from 09:24 with a profit of 0.00155396 bitcoin with every 1 bitcoin spent. Since tracking proceeded we have witnessed its top out at 114.31 since the 1st of October 2020. In the last 24 hours the spread reached a high of 22.01 meaning -624.23 short from the year high resulting in a 97% change. Huobi and Bitfinex's BTCCW and BTCUST is positioned 33rd from 241 combinations. This spread isn't a crazy movement, and nowhere near HBDM BTC_CQ to Binance BTCTUSD and Binance ETHUSDT to Kraken XETHXXBT which should lead you.
2nd October 2020 09:24:55 UTC - 16 weeks ago
Huobi BTCCW @ 10447.22000000
Bitfinex BTCUST @ 10438.00000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00155396 BTC with a 0.155% return
Bitcoin Trade Size
This represents a profit of 0.034187 bitcoin when you close 22 bitcoin of BTCCW at Huobi at the market price of 10,447.22 and order the same volume of 22 bitcoin of BTCUST at Bitfinex set at 10,438.00 giving a 356.84 USD gain with the current price of BTC set at $10,438. We would advise that you should examine this more, this will return a profit when executed to the amount of 0.001554 to each 1 BTC. The advice would be points that the gains would be very small making it not worthwhile, notably seeing the profits granted by Binance ETHUSDT to Kraken XETHXXBT returning 0.03234935 BTC return per one 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 2nd October 2020 09:24:55, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.