On 19th June 2019 executium included watching of Huobi DM's and Binance's BTCCW to BTCUSDT arbitrage spreads, as of now there is an available 0.1774% return running this trade as it is momentarily displaying decent arbitrage return since Wednesday, the pairing is sitting at 19.3 from 08:03:35 today with a profit of 0.00177355 bitcoin with every 1 bitcoin spent. Since we began we have seen its top out at 99.98 since the 1st of October 2020. In the last 24 hours the spread reached a high of 89.83 meaning -942.34 shortening from the year high resulting in a 91.30% reduction. Huobi DM's BTCCW and Binance's BTCUSDT match up is placed 27th currently. This arbitrage spread is not a fantastic development, and not profitable like HBDM BTC_CQ to Binancefutures BTCUSDT and Bitmex ETHUSD to Poloniex BTC_ETH which should take you.
9th October 2020 08:03:35 UTC - 15 weeks ago
Huobi DM BTCCW @ 10907.09000000
Binance BTCUSDT @ 10887.79000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00177355 BTC with a 0.1774% return
Bitcoin Trade Size
This represents an income of 0.063848 bitcoin if you auction 36 bitcoin of BTCCW at Huobi DM at the current price of 10,907.09 and buy the very same amount of 36 BTC of BTCUSDT at Binance for 10,887.79 resulting in $695.16 gain with BTC stable at $10,888. Currently we recommend that research this arbitrage opportunity more, as it would return a profit if carried out to the sound of 0.00177355 to each 1 bitcoin. Everything shown says indicates that the gains would be confined rendering it not worthwhile, specifically when you consider the profits presented by Bitmex ETHUSD to Poloniex BTC_ETH giving 0.03220288 bitcoin profit per one bitcoin as of this moment.
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 9th October 2020 08:03:35, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.