Huobi DM BTC_CW to Bitfinex BTCUSD reached a fourteen day period high on the 14th January 2020 at 18:14 marking a 53% shortening from the 90 day high of 249.78, making a spread of -132.52 over the 81 days, the pairing is sitting at 17.31 at 11:05 today looking at profit of 0.00200852 bitcoin for every 1 BTC spent. Since we began we have witnessed the spread height of 117.26 in the past month. In the last 24 hours the spread reached a high of 35.01 resulting in a -214.77 short this year making a 86% change. Huobi DM to Bitfinex with BTC_CW BTCUSD is placed 56th out of a possible 235 combinations monitored. This arbitrage combination should not be considered a excellent opportunity, and not profitable like Bitfinex ETHBTC to Bitmex ETHH20 and HBDM BTC_CQ to Bittrex USD-BTC which should take your attention.
21st January 2020 11:05:25 UTC - 5 weeks ago
Huobi DM BTC_CW @ 8674.91000000
Bitfinex BTCUSD @ 8657.60000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00200852 BTC with a 0.201% return
Bitcoin Trade Size
This provides a profit of 0.0944004 bitcoin when you spend 47 BTC of BTC_CW at Huobi DM at the market price of 8,674.91 and order the identical amount of 47 BTC of BTCUSD at Bitfinex for 8,657.60 resulting in $818.27 net gain with bitcoin holding at $8,668 per 1 BTC. We propose you look into this, as it would return a profit if performed to the sound of 0.002009 per one BTC. Everything shown says indicates that the gains would be modest placing doubt to proceed, chiefly when given the profits presented by HBDM BTC_CQ to Bittrex USD-BTC giving 0.02209056 BTC profit per one bitcoin at present.
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 21st January 2020 11:05:25, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
Stablecoins, as their name suggests, are cryptocurrency coins which by their design try to maintain their stability through a minimal change in the coin's market value as its price is pegged to government-regulated money or exchange-traded commodity ...