Huobi DM to Binance with BTC_CW BTCTUSD reached a seven day period high on the 29th April 2020 at 16:45 showing a 85.4% shortening from the sixty day high of 425.03, signaling a difference of -363.12 over 48 days, the match currently is spread at 4.88 as of 4th May 2020 from 07:23 looking at profit of 0.00151201 bitcoin with every one BTC spent. Since tracking started we have seen this spread topping off at 61.91 since the 1st of May 2020. In the last 24 hours the spread reached a high of 26.93 resulting in a -909.36 shortening this year resulting in a 97.12% contraction from that spread. Huobi DM's BTC_CW and Binance's BTCTUSD combination pairs is positioned 30th currently. This spread isn't a fantastic movement, and not in the same league as HBDM BTC_CQ to Bitfinex BTCF0:USTF0 and Bitfinex ETHF0-USTF0 to Kraken XETHXXBT which should be primary.
4th May 2020 07:23:02 UTC - 15 weeks ago
Huobi DM BTC_CW @ 8626.72000000
Binance BTCTUSD @ 8621.84000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00151201 BTC with a 0.151% return
Bitcoin Trade Size
This represents a profit of 0.050 BTC if you invest 33.333 BTC of BTC_CW at Huobi DM at the price of 8,626.72 and buy the duplicate size of 33.333 BTC of BTCTUSD at Binance priced at 8,621.84 turning a 430.55 USD profit with bitcoin stable at $8,611. Presently you will want to look at this more, this will return a profit if carried out to the tune of 0.0015120 to each 1 bitcoin. With everything shown, details confirm indicates that the gains would be small placing doubt to proceed, specifically considering the profits given by Bitfinex ETHF0-USTF0 to Kraken XETHXXBT resulting in 0.02304797 BTC return per one bitcoin this Monday.
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 4th May 2020 07:23:02, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.