Our 18th update on Huobi DM's BTCCQ and Bitfinex's BTCUST combination pairs since 4th January 2020. Huobi's BTCNW and Binance's BTCTUSD combo pairs reached a twenty eight day high on the 23rd December 2019 at 06:24 marking an overall 59.95% shortening from the 60 day high of 105.99, signaling a spread of -63.54 over the 29 days, the combination is positioned at 22.49 from 16:55:20 today with a profit of 0.00386146 bitcoin for every 1 bitcoin exchanged. Since we began we have verified the height of 42.45 since the beginning of January 2020. In the last 24 hours the spread reached a high of 38.88 meaning -906.18 short from the year high creating a 96% shortening of that previous height. Huobi's BTCNW and Binance's BTCTUSD is 34th from a catalog of 223 we track. This arbitrage combination should not be considered a special development, and should be treated as such with Binance ETHUSDT to Kraken XETHXXBT and HBDM BTC_CQ to Binance BTCPAX which should take your cash.
9th January 2020 16:55:20 UTC - 3 weeks ago
Huobi BTCNW @ 7849.81000000
Binance BTCTUSD @ 7826.18000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00386146 BTC with a 0.386% return
Bitcoin Trade Size
This renders a profit of 0.0511643 BTC if you leverage 13.25 bitcoin of BTCNW at Huobi at the market price of 7,849.81 and order the interchangable quantity of 13.25 bitcoin of BTCTUSD at Binance for 7,827.32 meaning a $400.41 gain with BTC jumping around at 7,826 USD. Today we recommend look into this, as it would provide profit when performed to the amount of 0.00386146 for every 1 BTC. With the data returned points that the profits will be poor rendering it not worthwhile, notably when faced with the option of HBDM BTC_CQ to Binance BTCPAX providing 0.01854317 BTC profit per one bitcoin this Thursday morning.
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 January 2020 16:55:20, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.