On 20th June 2019 we started supporting tracking Huobi DM's BCH_CQ to Huobi DM's BCH_NW arbitrage combination, the match currently is spread at 45.84000000 from 02:50:53 today looking at profit of 0.00463833 BTC with every one bitcoin spent. Since we began we have witnessed a spread high reach of 12.911000 since the 1st of August 2019, in the last 24 hours the spread reached a high of 5.888000 meaning -33.832 shortening from the year high creating a 85.2% decrease. Huobi DM's BCH_CQ to Huobi DM's BCH_NW is placed 44th currently. This spread is not a superb occurrence, and nowhere near Bitfinex BTCUSD to Bitstamp BTCUSD and HBDM BTC_CQ to Bitstamp BTCUSD should take you. This results in an income of 0.00656212 BTC when you auction 14.5000 bitcoin of BCH_CQ at Huobi DM and order the same value of 14.5000 BTC of BCH_NW at Huobi DM giving a 77.98 USD profit trading at $11,883.60. Right now we recommend look at this more, as it would return a profit when performed to the sound of 0.000453 per one BTC.
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 August 2019 02:50:53, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
Planning on crypto arbitrage and trying to find your best bets is a tricky affair. Actually like they say, success is 99% preparation and 1% luck. Similarly, so as to lead in crypto arbitrage, it is a lot of hard work and labor.