Our 13th update on Huobi DM and Huobi Pro BCH_NW to BCHUSDT since 13th March 2020. Since the 26th November 2019 we have been covering Huobi DM's BCH_NW and Huobi Pro's BCHUSDT combo pairs arbitrage opportunities, presently you can get 0.515% return swapping this recommendation as it is momentarily holding adequate this Tuesday, the pairing is sat at 1.333 from 13:22:01 today looking at profit of 0.00013534 bitcoin for every one BTC traded. Since tracking started we have viewed a spread high reach of 16.691 this year. In the last 24 hours the spread reached a high of 5.694 meaning -10.997 short from the year high signalling a 65.9% reduction from that spread. Huobi DM's BCH_NW to Huobi Pro's BCHUSDT is 107th from 236 combinations tracked. This combination is not looked upon as a fanciful occurrence, and not in the same league as HBDM BTC_CQ to Binance BTCUSDC and Bitmex ETHUSD to Poloniex BTC_ETH which should appeal more.
2nd June 2020 13:22:01 UTC - 5 weeks ago
Huobi DM BCH_NW @ 267.97300000
Huobi Pro BCHUSDT @ 266.64000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00013534 BTC with a 0.515% return
Bitcoin Trade Size
This results in a profit of 0.003068 BTC when you devote 22.6667 bitcoin of BCH_NW at Huobi DM at the current price of 267.97300000 and buy the matching quantity of 22.6667 bitcoin of BCHUSDT at Huobi Pro priced at 266.64000000 resulting in 31.10 USD gain with the current price of bitcoin set at $10,137. Our recommendation today is to to look more seriously at this pairing, as it would result in profit if done to the amount of 0.0001353 to each one BTC. The data returned indicates that the profits would be confined making it not worthwhile if you factor in transfer costs, and seeing the option of Bitmex ETHUSD to Poloniex BTC_ETH providing 0.02486664 bitcoin return per 1 bitcoin this Tuesday.
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 2nd June 2020 13:22:01, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.