On the 24th June 2019 we enabled covering of Huobi DM and Bitfinex's LTC_CQ and LTCUSD arbitrage spreads, today you can get 1.5590% return executing this trade as it is currently holding fair since Tuesday, the match currently spreads at 0.943 as of 6th November 2019 from 17:22:18 with a profit of 0.00010549 BTC with every 1 BTC exchanged. Since we began we have verified a range high of 2.973 in the past month. In the last 24 hours the spread reached a high of 1.323 meaning -10.243 short this year resulting in a 89% contraction. Huobi DM's LTC_CQ and Bitfinex's LTCUSD combo pairs is 91st out of 201 positions. This combination is not a special change, and should be treated as such with HBDM BTC_CQ to Binance BTCUSDT and Bitfinex ETHBTC to Bitmex ETHZ19 which should take you.
6th November 2019 17:22:18 UTC - 1 week ago
Huobi DM LTC_CQ @ 63.97000000
Bitfinex LTCUSD @ 63.02700000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00010549 BTC with a 1.5590% return
Bitcoin Trade Size
This renders an income of 0.00385039 bitcoin if you close 36.5 bitcoin of LTC_CQ at Huobi DM at the market price of 63.97000000 and order the duplicate volume of 36.5 BTC of LTCUSD at Bitfinex priced at 63.02700000 giving a $35.84 net gain with BTC positioned at 9,309 USD. We would advise look into this, as it would return a profit if performed to the amount of 0.0001055 to each 1 BTC. With the data returned indicates that the gains will be curbed making it not worthwhile, specifically when faced with the opportunity of Bitfinex ETHBTC to Bitmex ETHZ19 returning 0.02034382 BTC return per one 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 November 2019 17:22:18, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.