On the 8th June 2019 we included monitoring of Huobi DM BTC_CQ to Bitfinex BTCUSD arbitrage combination, currently there is an available 1.744% return executing this recommendation as it is momentarily holding adequate arbitrage return since Sunday, the match is sitting at 162.2 from 20:30:16 today looking at profit of 0.01747580 bitcoin with every one BTC exchanged. Since we began we have viewed a spread high reach of 381.49 since the 1st of November 2019. In the last 24 hours the spread reached a high of 192.56 resulting in a -872.49 decrease from the year high signalling a 81.92% shortening of that previous height. Huobi DM and Bitfinex's BTC_CQ and BTCUSD is positioned 18th out of a possible 211 combinations. This arbitrage combination isn't looked upon as a excellent development, and not profitable like HBDM BTC_CQ to Binance BTCTUSD and HBDM BTC_CQ to Binance BTCPAX which should be investigated.
6th November 2019 20:30:16 UTC - 30 weeks ago
Huobi DM BTC_CQ @ 9470.00000000
Bitfinex BTCUSD @ 9307.80000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.01747580 BTC with a 1.744% return
Bitcoin Trade Size
This provides a profit of 0.05242740 bitcoin if you risk 3 BTC of BTC_CQ at Huobi DM at the current price of 9,470.00 and buy the duplicate quantity of 3 bitcoin of BTCUSD at Bitfinex set at 9,307.80 giving a 486.90 USD gain with BTC holding at $9,287. We propose you to look more seriously at this pairing, this will return a profit if executed to the amount of 0.01747580 for each 1 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 November 2019 20:30:16, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.