Since the 10th August 2019 we have been capturing data of Huobi DM to Bitstamp with LTCNW LTCUSD combination, as of now there is an available 0.56% return executing this recommendation as it is currently holding constant since Thursday, the pairing is positioned at 0.134 at 14:23 today with a profit of 0.00003457 bitcoin with every one BTC spent. Since we began we have verified the range height of 0.66 in the past month between Bitfinex and Huobi. In the last 24 hours the spread reached a high of 0.277 meaning -2.541 shortening this year making a 90% reduction. Huobi DM's LTCNW to Bitstamp's LTCUSD is placed 116th currently. This arbitrage spread isn't looked upon as a premium activity, and not the same as HBDM BTC_CQ to Bittrex USD-BTC and HBDM BTC_CQ to Bitfinex BTCUSD which should be more attractive.
12th January 2020 14:23:23 UTC - 2 weeks ago
Huobi DM LTCNW @ 51.03400000
Bitstamp LTCUSD @ 50.90000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00003457 BTC with a 0.56% return
Bitcoin Trade Size
This pays an income of 0.00286931 BTC if you spend 83 bitcoin of LTCNW at Huobi DM at the price of 51.03400000 and buy the very same amount of 83 bitcoin of LTCUSD at Bitstamp for 50.90000000 bringing a 23.41 USD gain with the current price of bitcoin set at $8,158 per one BTC. Right now we recommend to look more seriously at this pairing, this will return a profit if executed to the tune of 0.00003457 to each one BTC. The information provided indicates that the gains will be causing doubt to proceed, specifically when presented with the opportunity of HBDM BTC_CQ to Bitfinex BTCUSD giving 0.02318700 BTC return per one bitcoin for the time being.
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 14:23:23, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.