Since the 10th August 2019 we have been providing of Huobi DM's and Bitfinex's BTCCW to BTCUST arbitrage combination, as of now you can get 0.3001% return swapping this trade as it is temporarily displaying steady since Saturday, the combination is sat at 19.51 as of 12th January 2020 from 18:15:12 looking at profit of 0.00299862 bitcoin for every 1 bitcoin spent. Since we began we have seen a spread high reach of 83.52 since the 1st of January 2020. In the last 24 hours the spread reached a high of 39.41 resulting in a -245.59 short this year resulting in a 86% change from that top spread. Huobi DM's and Bitfinex's BTCCW to BTCUST is placed 33rd currently. This arbitrage spread isn't superb occurrence, and not the same as HBDM BTC_CQ to Binance BTCUSDT and HBDM BTC_CQ to Bitfinex BTCUSD which should be more attractive.
12th January 2020 18:15:12 UTC - 2 weeks ago
Huobi DM BTCCW @ 8125.51000000
Bitfinex BTCUST @ 8106.00000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00299862 BTC with a 0.3001% return
Bitcoin Trade Size
This results in a profit of 0.0390 BTC if you leverage 13 BTC of BTCCW at Huobi DM at the market price of 8,125.51 and order the exact volume of 13 bitcoin of BTCUST at Bitfinex priced at 8,106.00 turning a $316.18 gain with BTC trading at 8,107 USD per 1 bitcoin. We propose you scrutinize this arbitrage pairing more, as it would return a profit when carried out to the sound of 0.002999 to each 1 bitcoin. The advice would be indicates that the profits would be modest rendering it not worthwhile when you contemplate exchange commissions, and especially considering the availability of HBDM BTC_CQ to Bitfinex BTCUSD providing 0.02529154 BTC return per one bitcoin as of right now.
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 12th January 2020 18:15:12, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
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