Since the 20th June 2019 we have been tracking of Huobi DM and Binance ETH_CQ to ETHUSDT arbitrage spreads, today there is an available 2.039% return swapping this recommendation as it is currently holding stable arbitrage return today, the match is sat at 2.959 from 18:18:54 today looking at profit of 0.00036605 BTC with every 1 bitcoin exchanged. Since tracking started we have verified a range high reach of 35.42 this year. In the last 24 hours the spread reached a high of 3.151 resulting in a -32.269 decrease this year resulting in a 91.10% decrease of that previous height. Huobi DM's ETH_CQ and Binance's ETHUSDT combination pairs is positioned 69th from a pool of 227 spreads we track. This spread isn't treated as a high yield activity, and not in the same league as HBDM BTC_CQ to Bitmex XBTUSD and HBDM BTC_CQ to Binance BTCTUSD which should be more attractive.
11th January 2020 18:18:54 UTC - 2 weeks ago
Huobi DM ETH_CQ @ 149.27300000
Binance ETHUSDT @ 146.32000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00036605 BTC with a 2.039% return
Bitcoin Trade Size
This harvests an income of 0.01159 bitcoin if you risk 31.667 BTC of ETH_CQ at Huobi DM at the market price of 149.27900000 and order the corresponding size of 31.667 bitcoin of ETHUSDT at Binance set at 146.32000000 giving a $94.45 gain with the current price of BTC set at 8,149 USD. Presently the advice is to analyze this arbitrage pairing more, this will return a profit if performed to the amount of 0.0003661 per 1 bitcoin. The data returned points that the gains would be poor making it not worthwhile if you pay exchange and transfer fees, and especially when presented with the choice of HBDM BTC_CQ to Binance BTCTUSD providing 0.02087352 BTC return per one bitcoin this Saturday morning.
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 11th January 2020 18:18:54, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.