Our 11th update on Huobi DM's BTCNW and Binance's BTCTUSD pairings since 1st March 2020. On the 6th August 2019 executium included covering of Huobi DM BTC_CQ to Binance BTCUSDT arbitrage spreads, currently there is an available 0.9416% return executing this recommendation as it is currently holding reliable this Friday, the match is sitting at 85.33 as of 6th March 2020 from 09:20 with a profit of 0.00941615 bitcoin with every 1 BTC exchanged. Since we began we have seen this arbitrage topping off at 641.54 since the beginning of March. In the last 24 hours the spread reached a high of 135.76 meaning -1033.34 decrease this year making a 88.39% reduction from that spread. Huobi DM's BTC_CQ and Binance's BTCUSDT is 21st from 232 combinations tracked. This combination isn't a excellent activity, and nowhere near Okex ETH-USDT to Bitmex ETHH20 and Bitmex XBTM20 to Binance BTCUSDT which should be followed.
6th March 2020 09:20:30 UTC - 29 weeks ago
Huobi DM BTC_CQ @ 9196.60000000
Binance BTCUSDT @ 9111.27000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00941615 BTC with a 0.9416% return
Bitcoin Trade Size
This nets an income of 0.03531056 bitcoin if you risk 3.75 BTC of BTC_CQ at Huobi DM at the price of 9,196.60 and buy the duplicate quantity of 3.75 BTC of BTCUSDT at Binance priced at 9,111.27 turning a 321.75 USD gain with BTC stable at 9,112 USD. We would advise to look more seriously at this pairing, as it would return a profit when executed to the amount of 0.009416 per one BTC.
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 6th March 2020 09:20:30, 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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