Huobi DM and Binance ETH_CQ to ETHBTC reached a twenty eight day high on the 29th May showing an overall 11% shortening from the 90 day high of 255.356558, signaling a spread of -28.880977 during the 82 days, the combination is positioned at 226.202159 at 04:09 today looking at profit of 0.00018449 BTC with every one bitcoin traded. Since tracking proceeded we have viewed this pairing topping off at 226.475581 in the past month between Binance and Bitstamp. In the last 24 hours the spread reached a high of 226.276188 meaning -78.495022 short on the year providing a 25.76% decrease. Huobi DM ETH_CQ to Binance ETHBTC is 88th out of a possible 240 arbitrage combinations monitored. This spread isn't a high yield action, and not in the same league as HBDM BTC_CQ to Bittrex USD-BTC and Bitmex ETHUSD to Poloniex BTC_ETH which should take your money.
30th May 2020 04:09:47 UTC - 16 weeks ago
Huobi DM ETH_CQ @ 226.22600000
Binance ETHBTC @ 0.02384100
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00018449 BTC with a 0.77% return
Bitcoin Trade Size
This gives an income of 0.009 bitcoin if you auction 49 bitcoin of ETH_CQ at Huobi DM at the current price of 226.22600000 and buy the duplicate volume of 49 BTC of ETHBTC at Binance set at 0.02384100 yielding a $84.79 net gain with bitcoin trading at $9,421. Currently we recommend that you look at this more, as it would provide profit when executed to the amount of 0.0001845 for each one bitcoin. With everything shown, details confirm points that the profits will be inadequate rendering it not worthwhile when you acknowledge exchange commissions, and, chiefly when you have the opportunities presented by Bitmex ETHUSD to Poloniex BTC_ETH resulting in 0.02389983 bitcoin return per one bitcoin as of right now.
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 30th May 2020 04:09:47, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.