Huobi DM's BCH_CQ to Bitfinex's BABUSD reached a twenty eight day high on the 8th April 2020 at 10:05 indicating a 89.8% decrease from the 90 day high of 43.826, making a spread of -39.334 during the 57 days, the pairing is sat at 1.128 from 02:16:02 today with a profit of 0.00013032 bitcoin for every one BTC traded. Since we began we have verified this pairing topping off at 3.52 in the past month between Huobi and Huobi Pro. In the last 24 hours the spread reached a high of 2.419 resulting in a -41.407 shortening from the year high providing a 94% contraction from that top spread. Huobi DM and Bitfinex's BCH_CQ and BABUSD is 82nd currently. This arbitrage combination is not treated as a special development, and should be considered as such with HBDM BTC_CQ to Bitfinex BTCUST and Bitmex ETHUSD to Poloniex BTC_ETH which should be more attractive.
6th May 2020 02:16:02 UTC - 4 weeks ago
Huobi DM BCH_CQ @ 246.64800000
Bitfinex BABUSD @ 245.53000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00013032 BTC with a 0.476% return
Bitcoin Trade Size
This represents a profit of 0.00321 bitcoin if you devote 24.6667 BTC of BCH_CQ at Huobi DM at the current price of 246.64800000 and order the matched quantity of 24.6667 BTC of BABUSD at Bitfinex for 245.52000000 giving a 28.77 USD profit with BTC holding at 8,962 USD per one bitcoin. Our recommendation is to look into this, as it would provide profit when carried out to the sound of 0.000130 per one bitcoin. The current standing would be indicates that the profits will be limited rendering it not worthwhile, chiefly considering the option of Bitmex ETHUSD to Poloniex BTC_ETH giving 0.02283548 bitcoin profit per 1 bitcoin at this moment.
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 May 2020 02:16:02, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.