Our 9th update on Huobi DM's BTC_CQ and Binance's BTCUSDC match up since 4th December 2019. On 10th August 2019 executium included monitoring of Huobi DM BTC_CQ to Binance BTCUSDC arbitrage spreads, currently you can get 0.191% return executing this trade as it is momentarily displaying decent return this week, the combination is sitting at 7.99 from 14:31:57 today with a profit of 0.00190311 BTC with every one bitcoin exchanged. Since we began we have witnessed the arbitrage height of 455.64 this year. In the last 24 hours the spread reached a high of 45 meaning -410.64 short on the year marking a 90.12% shortening of that previous height. Huobi DM's BTC_CQ and Binance's BTCUSDC match up is 29th currently. This arbitrage opportunity should not be considered a high yield change, and not profitable like Bitfinex BTCUSD to Binance BTCTUSD and Bitfinex ETHBTC to Bitmex ETHZ19 which should be more attractive.
11th December 2019 14:31:57 UTC - 6 weeks ago
Huobi DM BTC_CQ @ 7241.19000000
Binance BTCUSDC @ 7233.21000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00190311 BTC with a 0.191% return
Bitcoin Trade Size
This pays an income of 0.0466 BTC if you close 24.5 BTC of BTC_CQ at Huobi DM at the price of 7,241.19 and order the interchangable quantity of 24.5 BTC of BTCUSDC at Binance set at 7,233.20 meaning a $337.18 gain with BTC positioned at $7,236. Currently we recommend that traders research this pairing more, as it would provide profit when done to the amount of 0.001903 for every one bitcoin. The data shown indicates that the profits would be inadequate placing doubt to proceed, notably when presented with the opportunity of Bitfinex ETHBTC to Bitmex ETHZ19 providing 0.02009722 bitcoin profit per 1 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 11th December 2019 14:31:57, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.