Since the 20th June 2019 we have been tracking of Huobi DM and Binance ETHNW to ETHUSDT arbitrage spreads, today there is an available 0.39% return swapping this trade as it is momentarily showing decent since Friday, the pairing is positioned at 0.61 at 08:22 today with a profit of 0.00007525 bitcoin with every 1 bitcoin exchanged. Since we began we have witnessed the height of 2.265 since the 1st of January 2020. In the last 24 hours the spread reached a high of 0.849 resulting in a -15.911 decrease on the year signalling a 94.93% shortening of that previous height. Huobi DM to Binance with ETHNW ETHUSDT is positioned 126th out of a possible 226 we support. This spread isn't a excellent opportunity, and not in the same league as Okex ETH-USDT to Bitmex ETHH20 and Bitmex XBTM20 to Binance BTCUSDT which should take your attention.
21st January 2020 08:22:30 UTC - 5 weeks ago
Huobi DM ETHNW @ 166.81000000
Binance ETHUSDT @ 166.20000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00007525 BTC with a 0.39% return
Bitcoin Trade Size
This results in a profit of 0.00199413 bitcoin when you sell 26.5 bitcoin of ETHNW at Huobi DM at the market price of 166.81000000 and buy the twin volume of 26.5 bitcoin of ETHUSDT at Binance set at 166.20000000 providing a $17.20 net gain with BTC stable at 8,624 USD per 1 BTC. Presently you will want to look more seriously at this pairing, as it would provide profit when done to the amount of 0.00007525 per one BTC. With the data returned points that the profits will be very small rendering it not worthwhile considering the opportunities presented by Bitmex XBTM20 to Binance BTCUSDT returning 0.03133247 BTC return per one bitcoin this Tuesday 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 21st January 2020 08:22:30, 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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