Our 14th update on Huobi DM and Huobi Pro's BCHNW and BCHUSDT since 2nd June 2020. Huobi DM's BCHNW and Huobi Pro's BCHUSDT reached a 7 day period high on the 1st June 2020 showing an overall 50.3% shortening from the 90 day high of 11.447, making a spread of -5.753 in 81 days, the match currently spreads at 0.528 at 00:35 today looking at profit of 0.00005497 bitcoin for every one bitcoin traded. Since tracking proceeded we have witnessed this topping off at 5.694 since June began. In the last 24 hours the spread reached a high of 0.783 meaning -15.908 shortening this year making a 95.31% reduction of that previous height. Huobi DM's BCHNW and Huobi Pro's BCHUSDT combination pairs is placed 113th currently. This spread should not be considered a high yield opportunity, and should be treated as such with HBDM BTC_CQ to Bitstamp BTCUSD and Bitstamp ETHBTC to Poloniex BTC_ETH which should take your cash.
5th June 2020 00:35:54 UTC - 5 weeks ago
Huobi DM BCHNW @ 256.23900000
Huobi Pro BCHUSDT @ 255.70000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00005497 BTC with a 0.210% return
Bitcoin Trade Size
This provides an income of 0.00168593 BTC when you devote 30.67 BTC of BCHNW at Huobi DM at the current price of 256.22800000 and order the duplicate size of 30.67 bitcoin of BCHUSDT at Huobi Pro for 255.70000000 meaning a 16.50 USD profit with the current price of BTC set at 9,786 USD. We would advise look at the arbitrage opportunities opportunities, as it would return a profit if carried out to the sound of 0.00005497 for every one bitcoin. The spread shown points that the gains would be very small making it not worthwhile especially when given the profits presented by Bitstamp ETHBTC to Poloniex BTC_ETH resulting in 0.02479747 BTC profit per one BTC 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 5th June 2020 00:35:54, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.