On 19th June 2019 we added supporting of Huobi DM's BTCCW and Binance's BTCUSDT match up arbitrage combination, today you can get 0.161% return executing this trade as it is currently showing constant today, the match is sitting at 12.82 at 15:23 today with a profit of 0.00160529 BTC with every 1 bitcoin exchanged. Since we began we have witnessed a range high of 53.01 since the beginning of January. In the last 24 hours the spread reached a high of 26.5 resulting in a -1005.67 short from the year high creating a 97.43% decrease from that high. Huobi DM's BTCCW and Binance's BTCUSDT is 53rd currently. This arbitrage opportunity is not treated as a high yield action, and not in the same league as HBDM BTC_CQ to Binance BTCUSDT and HBDM BTC_CQ to Bitfinex BTCUSD which should be primary.
12th January 2020 15:23:41 UTC - 2 weeks ago
Huobi DM BTCCW @ 8173.60000000
Binance BTCUSDT @ 8160.78000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00160529 BTC with a 0.161% return
Bitcoin Trade Size
This results in a profit of 0.110765 bitcoin when you sell 69 BTC of BTCCW at Huobi DM at the market price of 8,173.60 and order the interchangable amount of 69 bitcoin of BTCUSDT at Binance for 8,160.78 turning a $903.92 net gain with the current price of BTC set at 8,161 USD. Currently we recommend that you look more seriously at this pairing, as it would result in profit if done to the sound of 0.00160529 for every one BTC. The opportunity though points that the gains would be modest making it not worthwhile if you scrutinize exchange and transfer commissions, and, chiefly when you consider the availability of HBDM BTC_CQ to Bitfinex BTCUSD returning 0.02381405 BTC profit per 1 BTC 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 12th January 2020 15:23:41, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.