Huobi DM Huobi Pro with BCHCW BCHUSDT reached a seven day period high on the 1st June 2020 showing an overall 59.4% decrease from the 90 day high of 11.581, making a difference of -6.882 in 81 days, the combination is sat at 0.559 from 02:23:50 today looking at profit of 0.00006107 BTC with every one bitcoin spent. Since tracking started we have viewed a arbitrage high reach of 11.581 this year. In the last 24 hours the spread reached a high of 0.895 meaning -10.686 shortening on the year providing a 92% contraction. Huobi DM's BCHCW and Huobi Pro's BCHUSDT match up is 116th currently. This combination should not be considered a high yield activity, and not profitable like HBDM BTC_CQ to Binance BTCTUSD and Bitmex ETHUSD to Poloniex BTC_ETH with it being more attractive.
5th June 2020 02:23:50 UTC - 16 weeks ago
Huobi DM BCHCW @ 261.06900000
Huobi Pro BCHUSDT @ 260.51000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00006107 BTC with a 0.23% return
Bitcoin Trade Size
This contributes to an income of 0.00250387 bitcoin when you invest 41 bitcoin of BCHCW at Huobi DM at the price of 261.06900000 and order the duplicate amount of 41 BTC of BCHUSDT at Huobi Pro set at 260.51000000 giving a 24.56 USD profit with BTC fixed at $9,808 per one BTC. Presently the advice is to look at this more, as it would provide profit if performed to the sound of 0.00006107 for each 1 bitcoin. The spread shown indicates that the gains will be limited rendering it not worthwhile especially considering the opportunities presented by Bitmex ETHUSD to Poloniex BTC_ETH resulting in 0.02486485 BTC return per one BTC this Friday 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 5th June 2020 02:23:50, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
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