Huobi DM's ETHCQ and Bitstamp's ETHBTC combo pairs reached a 14 day high on the 1st October indicating a 25% shortening from the 90 day high of 496.909448, signaling a spread of -122.163144 in 29 days, the combination currently spreads at 352.10585388 as of 9th October 2020 from 06:00 with a profit of 0.00039805 BTC with every 1 bitcoin traded. Since we began we have verified this range topping off at 402.22597 since the beginning of October 2020. In the last 24 hours the spread reached a high of 358.70868 meaning -138.200768 shortening this year making a 27.8% contraction. Huobi DM's ETHCQ to Bitstamp's ETHBTC is placed 58th out of 239 combinations. This arbitrage spread is not a fanciful change, and not the same as HBDM BTC_CQ to Binance BTCUSDC and Binance ETHUSDT to Kraken XETHXXBT which should take your euros.
9th October 2020 06:00:32 UTC - 15 weeks ago
Huobi DM ETHCQ @ 352.13800000
Bitstamp ETHBTC @ 0.03214612
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00039805 BTC with a 1.2383% return
Bitcoin Trade Size
This results in a profit of 0.006 bitcoin when you risk 15.6667 BTC of ETHCQ at Huobi DM at the current price of 352.13800000 and order the matching quantity of 15.6667 bitcoin of ETHBTC at Bitstamp set at 0.03214612 turning a $65.01 gain with bitcoin stable at 10,835 USD per 1 BTC. Presently you will want to inquire this arbitrage opportunity more, as it would return a profit when carried out to the sound of 0.000398 per 1 BTC. Everything shown says indicates that the gains would be meager rendering it not worthwhile, notably when you have the opportunity of Binance ETHUSDT to Kraken XETHXXBT returning 0.03215995 bitcoin profit 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 9th October 2020 06:00:32, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.