On 20th June 2019 we started supporting of Huobi DM's LTCCQ and Binance's LTCUSDT combination pairs spread, these past 7 minutes you can get 1.934% return running this swap as it is temporarily holding adequate arbitrage return this week, the combination is sitting at 0.947 from 18:17:09 today looking at profit of 0.00012042 BTC with every 1 BTC traded. Since we began we have verified a high reach of 1.08 since the 1st of January 2020. In the last 24 hours the spread reached a high of 1.08 resulting in a -11.175 shortening from the year high marking a 91.19% decrease from that spread. Huobi DM LTCCQ to Binance LTCUSDT is positioned 114th currently. This arbitrage spread should not be considered superb development, and nowhere near HBDM BTC_CQ to Bitmex XBTUSD and HBDM BTC_CQ to Bitfinex BTCUSD which should appeal more.
12th January 2020 18:17:09 UTC - 2 weeks ago
Huobi DM LTCCQ @ 51.48700000
Binance LTCUSDT @ 50.54000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00012042 BTC with a 1.934% return
Bitcoin Trade Size
This renders a profit of 0.00403407 bitcoin if you put up 33.5 BTC of LTCCQ at Huobi DM at the current price of 51.48700000 and order the corresponding size of 33.5 bitcoin of LTCUSDT at Binance for 50.54000000 yielding a $32.73 profit with bitcoin dangling at $8,113. We would advise that you should examine this more, as it would return a profit when performed to the amount of 0.00012042 to each one BTC. The general idea indicates that the profits will be narrow making it not worthwhile if you contemplate transfer fees, and, notably considering the opportunity of HBDM BTC_CQ to Bitfinex BTCUSD giving 0.02524194 BTC return per one BTC 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 12th January 2020 18:17:09, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.