On the 7th October 2019 we enabled watching of Huobi DM's BTC_CQ and Bitmex's XBTZ19 match up arbitrage opportunities, today you can get 0.2398% return running this trade as it is currently displaying steady today, the match is sat at 21.94 at 13:18 today with a profit of 0.00243703 bitcoin with every one BTC traded. Since we began we have viewed a spread high of 139.99 since November began. In the last 24 hours the spread reached a high of 38.04 meaning -101.95 shortening on the year making a 72.8% contraction from that spread. Huobi DM's BTC_CQ and Bitmex's XBTZ19 pairings is 32nd from a catalog of 237 combinations. This spread isn't superb action, and nowhere near Cexio ETH-BTC to Kraken XETHXXBT and HBDM BTC_CQ to Binance BTCUSDC which should take you.
7th November 2019 13:18:05 UTC - 1 week ago
Huobi DM BTC_CQ @ 9379.94000000
Bitmex XBTZ19 @ 9358.00000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00243703 BTC with a 0.2398% return
Bitcoin Trade Size
This nets a profit of 0.0479 BTC if you auction 19.667 BTC of BTC_CQ at Huobi DM at the price of 9,379.94 and buy the matching size of 19.667 BTC of XBTZ19 at Bitmex for 9,358.00 meaning a 441.06 USD net gain with the current price of bitcoin set at $9,208. Presently the advice is to look at this more, as it would provide profit when executed to the tune of 0.0024370 for each one BTC. The opportunity though indicates that the profits would be curbed making it not worthwhile if you examine transfer and exchange outgoings, and, specifically when you consider the choice of HBDM BTC_CQ to Binance BTCUSDC returning 0.02091675 BTC profit per one bitcoin this Thursday 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 7th November 2019 13:18:05, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.