Our 10th update on Huobi DM's BCH_CQ and Bitfinex's BABUSD combination pairs since 14th September 2019. On 26th June 2019 we included tracking of Huobi DM BCH_CQ to Bitfinex BABUSD combination, currently you can get 3.0395% return executing this trade as it is temporarily holding durable return since Tuesday, the pairing is sitting at 9.201 from 04:40:46 today with a profit of 0.00095708 BTC with every 1 bitcoin spent. Since tracking begun we have verified the spread height of 11.506 in the past month between Binance and Kraken. In the last 24 hours the spread reached a high of 11.506 resulting in a -31.8 decrease on the year making a 73% decrease from that high. Huobi DM's BCH_CQ to Bitfinex's BABUSD is positioned 66th currently. This arbitrage opportunity isn't superb occurrence, and not profitable like HBDM BTC_CQ to Binance BTCUSDT and HBDM BTC_CQ to Bitstamp BTCUSD which should be followed.
19th September 2019 04:40:46 UTC - 5 weeks ago
Huobi DM BCH_CQ @ 318.70100000
Bitfinex BABUSD @ 309.50000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00095708 BTC with a 3.0395% return
Bitcoin Trade Size
This represents a profit of 0.0468969 BTC if you invest 49 bitcoin of BCH_CQ at Huobi DM at the current price of 318.70100000 and buy the duplicate quantity of 49 BTC of BABUSD at Bitfinex for 309.50000000 resulting in $460.65 profit with BTC trading at $9,823. The signals expressed show that you should to look more seriously at this pairing, as it would provide profit when done to the tune of 0.00095708 per 1 BTC. With the information on hand points that the gains will be very small rendering it not worthwhile if you examine commissions, and, chiefly when you have the choice of HBDM BTC_CQ to Bitstamp BTCUSD giving 0.02850051 bitcoin return per one bitcoin 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 19th September 2019 04:40:46, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.