Our 3rd update on Huobi DM Binance with LTCCW LTCUSDT since 14th September 2019. On 10th August 2019 we added supporting of Huobi DM's ETH_CQ and Bitstamp's ETHUSD combination pairs arbitrage combination, as of now you can get 1.791% return running this trade as it is currently displaying fair return today, the pairing is sat at 3.185 as of 6th November 2019 from 15:40 looking at profit of 0.00036482 bitcoin for every 1 BTC spent. Since we began we have witnessed the spread height of 6.216 in the past month. In the last 24 hours the spread reached a high of 4.106 meaning -5.41 short on the year providing a 57% decrease from that high. Huobi DM's ETH_CQ and Bitstamp's ETHUSD pairings is 73rd currently. This arbitrage combination isn't treated as superb development, and should be treated as such with Bitmex XBTZ19 to Bitfinex BTCF0:USTF0 and HBDM BTC_CQ to Binance BTCPAX which should take your attention.
6th November 2019 15:40:27 UTC - 1 week ago
Huobi DM ETH_CQ @ 193.56500000
Bitstamp ETHUSD @ 190.38000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00036482 BTC with a 1.791% return
Bitcoin Trade Size
This nets an income of 0.0027982 BTC when you risk 7.67 BTC of ETH_CQ at Huobi DM at the market price of 193.56500000 and order the matching quantity of 7.67 BTC of ETHUSD at Bitstamp priced at 190.38000000 giving a $26.12 gain with BTC stable at 9,333 USD. Presently you will want to look at this more, this will return a profit when executed to the tune of 0.000365 to each one BTC. The data displayed indicates that the profits will be curbed making it not worthwhile, specifically when given the profits given by HBDM BTC_CQ to Binance BTCPAX resulting in 0.02070438 BTC profit per one bitcoin currently.
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 15:40:27, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.