On the 19th June 2019 executium included tracking of Huobi DM's BTCNW and Binance's BTCUSDT match up spread, presently there is an available 0.1815% return running this recommendation as it is temporarily displaying reliable arbitrage return since Wednesday, the combination currently is spread at 18.91 at 09:27 today looking at profit of 0.00181478 BTC for every 1 bitcoin traded. Since tracking proceeded we have verified a spread high of 1063.63 this year. In the last 24 hours the spread reached a high of 40.76 meaning -1022.87 shortening this year signalling a 96.2% shortening. Huobi DM's BTCNW and Binance's BTCUSDT combo pairs is placed 35th from 235 arbirtage opportunities. This arbitrage opportunity isn't a fanciful development, and not profitable like HBDM BTC_CQ to Bitfinex BTCF0:USTF0 and Bitmex ETHUSD to Poloniex BTC_ETH with it being more appeal.
2nd October 2020 09:27:55 UTC - 3 weeks ago
Huobi DM BTCNW @ 10444.42000000
Binance BTCUSDT @ 10425.51000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00181478 BTC with a 0.1815% return
Bitcoin Trade Size
This provides a profit of 0.02782058 BTC if you devote 15.33 bitcoin of BTCNW at Huobi DM at the current price of 10,444.42 and order the twin amount of 15.33 bitcoin of BTCUSDT at Binance priced at 10,425.51 resulting in $290.04 profit with bitcoin positioned at $10,426. We propose you that you should examine this more, this will return a profit if executed to the amount of 0.001815 to each one bitcoin. The opportunity though indicates that the profits will be very small placing doubt to proceed, notably seeing the profits granted by Bitmex ETHUSD to Poloniex BTC_ETH resulting in 0.03234067 bitcoin profit per one BTC currently.
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 2nd October 2020 09:27:55, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.