Huobi DM's ETH_CQ to Bitstamp's ETHUSD reached a 14 day period high on the 10th October 2019 indicating a 80% decrease from the ninety day high of 9.516, making a difference of -7.647 over 27 days, the combination currently is spread at 0.552 at 11:08 today looking at profit of 0.00009842 BTC for every one BTC traded. Since we began we have seen the range height of 8.53 since the beginning of October. In the last 24 hours the spread reached a high of 1.503 resulting in a -8.013 shortening this year marking a 84.21% change from that spread. Huobi DM and Bitstamp ETH_CQ to ETHUSD is positioned 80th out of the 187 arbirtage opportunities. This combination is not treated as a premium action, and not profitable like HBDM BTC_CQ to Binance BTCUSDC and Binance ETHBTC to Kraken XETHXXBT which should be followed.
12th October 2019 11:08:01 UTC - 33 weeks ago
Huobi DM ETH_CQ @ 183.69200000
Bitstamp ETHUSD @ 183.14000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00009842 BTC with a 0.45% return
Bitcoin Trade Size
This earns an income of 0.0024 bitcoin if you close 24.667 bitcoin of ETH_CQ at Huobi DM at the price of 183.69200000 and buy the matching volume of 24.667 bitcoin of ETHUSD at Bitstamp set at 183.14000000 yielding a 19.95 USD gain with bitcoin fixed at 8,311 USD per one bitcoin. Right now we recommend research this pairing more, this will return a profit if executed to the tune of 0.0000984 for every 1 BTC. The data displayed points that the profits will be confined making it not worthwhile when you consider transfer fees, and when presented with the opportunity of Binance ETHBTC to Kraken XETHXXBT providing 0.02197636 BTC return per 1 BTC this Saturday.
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 12th October 2019 11:08:01, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
Arbitrage and Bitcoin go hand in hand. In fact arbitrage is the one thing that has given Bitcoin its meaning and worth in the true sense. For new traders to this niche, let me clarify what arbitrage is.