Since the 24th June 2019 we have been tracking of Huobi DM's ETH_CQ and Bitfinex's ETHUSD arbitrage combination, currently there is an available 1.55% return swapping this trade as it is momentarily showing okay return this Wednesday, the pairing currently is spread at 3.229 as of 14th August from 07:52:19 looking at profit of 0.00030524 bitcoin with every one BTC spent. Since tracking begun we have witnessed its top out at 9.452 since August began. In the last 24 hours the spread reached a high of 3.934 resulting in a -36.232 decrease this year resulting in a 90% reduction. Huobi DM's and Bitfinex's ETH_CQ to ETHUSD is positioned 67th from a catalog of 153 we track. This arbitrage opportunity isn't looked upon as a premium occurrence, and nowhere near HBDM BTC_CQ to Binance BTCUSDT and Binance BCHABCBTC to Kraken BCHXBT which should be investigated.
14th August 2019 07:52:19 UTC - 2 weeks ago
Huobi DM ETH_CQ @ 211.77900000
Bitfinex ETHUSD @ 208.55000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00030524 BTC with a 1.55% return
Bitcoin Trade Size
This contributes to an income of 0.025335 bitcoin when you auction 83 bitcoin of ETH_CQ at Huobi DM at the current price of 211.77900000 and buy the same volume of 83 bitcoin of ETHUSD at Bitfinex for 208.55000000 yielding a 268.84 USD profit with BTC jumping around at $10,611. For the time being we recommend look into this, as it would provide profit when executed to the sound of 0.000305 to each one BTC. With everything shown, details confirm indicates that the profits will be confined rendering it not worthwhile considering the option of Binance BCHABCBTC to Kraken BCHXBT giving 0.03280291 BTC profit per one bitcoin as of 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 14th August 2019 07:52:19, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.