Our 13th update on Huobi LTC_CQ to Bitstamp LTCUSD since 18th November 2019. Huobi DM and Binance BTC_CQ to BTCTUSD reached a 14 day period high on the 13th December marking an overall 87.34% decrease from the 60 day high of 1075.05, confirming a difference of -938.9 during the 48 days, the combination currently is spread at 46.44 at 11:42 today looking at profit of 0.00709709 BTC with every 1 BTC traded. Since tracking proceeded we have watched a range high of 174.5 in the past month. In the last 24 hours the spread reached a high of 54.71 resulting in a -1020.34 decrease from the year high providing a 95% contraction. Huobi DM and Binance BTC_CQ to BTCTUSD is 14th currently. This spread should not be considered a high yield opportunity, and should be considered as such with HBDM BTC_CQ to Binance BTCPAX and Bitmex ETHUSD to Poloniex BTC_ETH which should lead you.
22nd December 2019 11:42:15 UTC - 29 weeks ago
Huobi DM BTC_CQ @ 7220.90000000
Binance BTCTUSD @ 7174.46000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00709709 BTC with a 0.71% return
Bitcoin Trade Size
This harvests a profit of 0.04494587 bitcoin when you close 6.333 BTC of BTC_CQ at Huobi DM at the market price of 7,220.90 and order the duplicate size of 6.333 bitcoin of BTCTUSD at Binance set at 7,174.46 meaning a 322.35 USD profit with bitcoin teetering at 7,172 USD. We would advise investigate this arbitrage opportunity more, this will return a profit if executed to the tune of 0.0070971 to each one BTC.
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 22nd December 2019 11:42:15, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.