Since the 10th August 2019 we have been supporting of Huobi Binance with BTCNW BTCPAX combination, currently you can get 0.15% return executing this trade as it is momentarily showing steady arbitrage return this Friday, the pairing is positioned at 10.05 at 03:04 today looking at profit of 0.00151471 bitcoin for every one BTC exchanged. Since tracking started we have seen the pairing height of 119.88 in the past month between Kraken and Huobi Pro. In the last 24 hours the spread reached a high of 78.99 resulting in a -261.5 short from the year high signalling a 76.8% reduction. Huobi and Binance BTCNW to BTCPAX is 39th currently. This arbitrage spread should not be considered a special change, and should be considered as such with HBDM BTC_CQ to Huobi BTCUSDT and Bitmex ETHUSD to Poloniex BTC_ETH which should be investigated.
9th October 2020 03:04:33 UTC - 28 weeks ago
Huobi BTCNW @ 10916.23000000
Binance BTCPAX @ 10907.98000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00151471 BTC with a 0.15% return
Bitcoin Trade Size
This pays a profit of 0.03332362 bitcoin if you spend 22 BTC of BTCNW at Huobi at the market price of 10,918.03 and buy the matching amount of 22 BTC of BTCPAX at Binance set at 10,907.98 meaning a $363.22 profit with BTC positioned at $10,900 per 1 bitcoin. The signals indicate look into this, as it would result in profit if done to the tune of 0.00151471 for each 1 BTC. The data shown points that the profits would be risky rendering it not worthwhile if you factor in transfer and exchange costs, and when presented with the option of Bitmex ETHUSD to Poloniex BTC_ETH providing 0.03226843 bitcoin return 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 9th October 2020 03:04:33, 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 realize 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.