Since the 10th August 2019 we have been supporting of Huobi DM and Binance's BTCNW and BTCTUSD spread, currently you can get 0.272% return swapping this trade as it is temporarily holding fair since Tuesday, the match currently spreads at 19.36 as of 30th April from 08:08 with a profit of 0.00272296 BTC with every one BTC exchanged. Since we began we have witnessed this pairing topping off at 945.06 this year. In the last 24 hours the spread reached a high of 55.82 resulting in a -889.24 decrease this year marking a 94% contraction of that previous height. Huobi DM and Binance BTCNW to BTCTUSD is 28th currently. This arbitrage opportunity isn't a premium movement, and not the same as HBDM BTC_CQ to Bitfinex BTCUSD and Bitmex ETHUSD to Poloniex BTC_ETH which should be more attractive.
30th April 2020 08:08:17 UTC - 4 weeks ago
Huobi DM BTCNW @ 9235.24000000
Binance BTCTUSD @ 9215.88000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00272296 BTC with a 0.272% return
Bitcoin Trade Size
This earns a profit of 0.035398 bitcoin when you sell 13 bitcoin of BTCNW at Huobi DM at the price of 9,235.24 and buy the interchangable volume of 13 BTC of BTCTUSD at Binance set at 9,215.88 meaning a $325.91 gain with bitcoin trading at 9,207 USD. Presently the advice is to explore this arbitrage opportunity more, as it would provide profit if carried out to the tune of 0.0027230 per 1 bitcoin. With everything shown, details confirm points that the gains will be very small rendering it not worthwhile seeing the option of Bitmex ETHUSD to Poloniex BTC_ETH providing 0.02397404 BTC return per 1 BTC this Thursday.
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 30th April 2020 08:08:17, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
TWAP-the time weighted average price of a cryptocurrency. And what is used in the real world is TWAP software and TWAP charts. These can definitely take your profits to the next level if you are not already using TWAP charts