On the 10th August 2019 we enabled monitoring of Huobi DM ETHCQ to Binance ETHBTC arbitrage spreads, today you can get 1.605% return running this swap as it is currently showing steady since Tuesday, the match is sat at 189.98268 as of 7th November from 11:14 looking at profit of 0.00032617 BTC for every one BTC spent. Since we began we have witnessed this topping off at 229.158819 this year. In the last 24 hours the spread reached a high of 195.967487 resulting in a -33.191332 short from the year high resulting in a 14.48% shortening from that spread. Huobi DM's ETHCQ and Binance's ETHBTC match up is placed 91st currently. This combination is not looked upon as a high yield occurrence, and not profitable like Cexio ETH-BTC to Kraken XETHXXBT and HBDM BTC_CQ to Binance BTCTUSD which should take your cash.
7th November 2019 11:14:28 UTC - 29 weeks ago
Huobi DM ETHCQ @ 190.00300000
Binance ETHBTC @ 0.02032000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00032617 BTC with a 1.605% return
Bitcoin Trade Size
This represents a profit of 0.00293553 bitcoin if you put up 9 bitcoin of ETHCQ at Huobi DM at the market price of 190.00300000 and buy the matched amount of 9 BTC of ETHBTC at Binance for 0.02032000 yielding a $27.02 gain with bitcoin trading at 9,203 USD. The signals demonstrate read up on this arbitrage pairing more, as it would provide profit when carried out to the amount of 0.000326 for each 1 bitcoin. The data shown indicates that the gains will be risky rendering it not worthwhile, notably when you have the profits given by HBDM BTC_CQ to Binance BTCTUSD providing 0.02039810 BTC return per 1 bitcoin for the time being.
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 7th November 2019 11:14:28, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.