On 20th June 2019 we enabled supporting of Huobi DM's and Binance's ETHNW to ETHUSDT arbitrage combination, presently you can get 0.33% return swapping this recommendation as it is currently holding decent arbitrage return today, the combination currently spreads at 0.487 at 21:40 today with a profit of 0.00006678 BTC with every one bitcoin exchanged. Since tracking started we have seen this spread topping off at 2.248 since the beginning of December. In the last 24 hours the spread reached a high of 0.622 resulting in a -16.138 short on the year marking a 96% contraction. Huobi DM to Binance with ETHNW ETHUSDT is positioned 90th from a selection of 196 positions. This arbitrage combination isn't treated as a excellent occurrence, and not in the same league as Bitfinex BTCUSD to Bitfinex BTCF0:USTF0 and Bitmex ETHUSD to Poloniex BTC_ETH which should be followed.
1st December 2019 21:40:00 UTC - 32 weeks ago
Huobi DM ETHNW @ 151.03700000
Binance ETHUSDT @ 150.55000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00006678 BTC with a 0.33% return
Bitcoin Trade Size
This earns a profit of 0.005 BTC if you close 80 BTC of ETHNW at Huobi DM at the market price of 151.03700000 and buy the interchangable size of 80 bitcoin of ETHUSDT at Binance priced at 150.55000000 resulting in $36.84 profit with bitcoin holding at $7,367. We propose you scrutinize this arbitrage pairing more, as it would result in profit when executed to the amount of 0.00006678 for every one BTC. The data shown indicates that the gains will be poor causing needed doubt to proceed if you recognize exchange and transfer fees, and, notably seeing the option of Bitmex ETHUSD to Poloniex BTC_ETH resulting in 0.02045986 BTC return per 1 BTC now.
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 1st December 2019 21:40:00, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
TWAP-the time weighted average price of a cryptocurrency. And what is used in the real world is TWAP software and TWAP charts. These can definitely take your profits to the next level if you are not already using TWAP charts