Our 2nd update on Huobi DM's BTC_CW and Binance's BTCTUSD match up since 5th September 2019. Since the 10th August 2019 we have been watching of Huobi DM's BTC_CW and Binance's BTCTUSD combination pairs arbitrage spreads, these past 3 minutes there is an available 0.21% return executing this trade as it is temporarily displaying reliable arbitrage return today, the match currently spreads at 14.64 at 12:24 today looking at profit of 0.00212305 bitcoin for every one BTC exchanged. Since we began we have witnessed a pairing high of 127.81 in the past month. In the last 24 hours the spread reached a high of 30.89 meaning -109.99 shortening from the year high signalling a 78% reduction of that previous height. Huobi DM's BTC_CW to Binance's BTCTUSD is positioned 26th currently. This arbitrage opportunity is not looked upon as a great occurrence, and nowhere near HBDM BTC_CQ to Kraken XXBTZUSD and Binance ETHUSDT to Kraken XETHXXBT which should take your attention.
14th October 2019 12:24:01 UTC - 5 weeks ago
Huobi DM BTC_CW @ 8269.64000000
Binance BTCTUSD @ 8255.00000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00212305 BTC with a 0.21% return
Bitcoin Trade Size
This represents a profit of 0.050 BTC if you risk 23.75 BTC of BTC_CW at Huobi DM at the price of 8,269.64 and buy the matched quantity of 23.75 BTC of BTCTUSD at Binance priced at 8,255.00 resulting in $412.85 gain with bitcoin fluttering at 8,257 USD. We would advise look into this, as it would provide profit when done to the tune of 0.0021231 per 1 bitcoin. The data returned indicates that the gains will be limited placing doubt to proceed when you accept outgoings, and when presented with the choice of Binance ETHUSDT to Kraken XETHXXBT returning 0.02204166 BTC return per one BTC this Monday 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 14th October 2019 12:24:01, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.