On the 10th August 2019 we enabled providing of Huobi DM's and Binance's ETH_NW to ETHBTC arbitrage combination, presently you can get 0.1979% return swapping this trade as it is momentarily holding fair return since Thursday, the pairing is positioned at 141.919343 from 15:30:32 today looking at profit of 0.00003494 BTC for every 1 BTC spent. Since tracking proceeded we have seen this topping off at 145.551765 in the past month between Huobi DM and Binance. In the last 24 hours the spread reached a high of 143.16233 meaning -80.663489 shortening on the year making a 36.04% decrease from that top spread. Huobi DM and Binance's ETH_NW and ETHBTC is placed 121st currently. This spread isn't a high yield movement, and should be treated as such with Binance ETHBTC to Bitmex ETHH20 and HBDM ETH_CQ to Bitmex ETHH20 which should take your cash.
10th January 2020 15:30:32 UTC - 2 weeks ago
Huobi DM ETH_NW @ 141.93700000
Binance ETHBTC @ 0.01765700
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00003494 BTC with a 0.1979% return
Bitcoin Trade Size
This nets a profit of 0.0018169 bitcoin when you invest 52 bitcoin of ETH_NW at Huobi DM at the market price of 141.93700000 and order the matched quantity of 52 BTC of ETHBTC at Binance for 0.01765700 turning a $14.58 profit with BTC staggering at $8,023. Right now we recommend look into this pairing more, as it would result in profit when carried out to the amount of 0.0000349 for every one bitcoin. The data displayed indicates that the gains would be very small causing needed doubt to proceed if you examine exchange fees, and, chiefly when you consider the opportunity of HBDM ETH_CQ to Bitmex ETHH20 returning 0.01789139 BTC return per 1 BTC this Friday.
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 10th January 2020 15:30:32, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.