Huobi DM's BCH_CQ and Binance's BCHABCBTC combo pairs reached a 28 day period high on the 5th August 2019 at 10:20 indicating a 33.6% decrease from the sixty day high of 549.390085, signaling a spread of -184.56638 in 43 days, the pairing currently is spread at 341.401558 as of 12th August 2019 from 07:47:40 with a profit of 0.00052814 BTC with every 1 BTC traded. Since tracking proceeded we have watched a pairing high reach of 364.823705 since August began. In the last 24 hours the spread reached a high of 350.585742 meaning -198.804343 short on the year providing a 36.19% decrease from that high. Huobi DM's and Binance's BCH_CQ to BCHABCBTC is placed 54th from a catalog of 347 arbirtage opportunities. This spread isn't treated as a premium opportunity, and not the same as HBDM BTC_CQ to Binance BTCUSDT and Binance BCHABCBTC to Kraken BCHXBT which should be primary.
12th August 2019 07:47:40 UTC - 2 weeks ago
Huobi DM BCH_CQ @ 341.43100000
Binance BCHABCBTC @ 0.02944200
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00052814 BTC with a 1.794% return
Bitcoin Trade Size
This represents an income of 0.008450 bitcoin if you risk 16 BTC of BCH_CQ at Huobi DM at the price of 341.43100000 and order the matching quantity of 16 bitcoin of BCHABCBTC at Binance for 0.02944200 meaning a 96.27 USD profit with BTC fixed at $11,392. Right now we recommend look at the arbitrage opportunities opportunities, this will return a profit when performed to the amount of 0.000528 to each 1 BTC. The data returned points that the gains would be confined rendering it not worthwhile when you pay exchange fees, and when presented with the profits granted by Binance BCHABCBTC to Kraken BCHXBT providing 0.02942542 BTC profit per 1 BTC 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 August 2019 07:47:40, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.