On 24th June 2019 we started supporting capturing of Huobi DM's LTC_CQ and Bitfinex's LTCUSD match up arbitrage combination, these past 4 minutes you can get 1.035% return executing this trade as it is momentarily showing fair arbitrage return this week, the pairing currently spreads at 0.443 at 08:07 today looking at profit of 0.00004477 bitcoin for every one BTC spent. Since tracking proceeded we have seen a spread high reach of 0.782 since the beginning of October. In the last 24 hours the spread reached a high of 0.67 meaning -10.896 decrease on the year creating a 94.2% contraction from that top spread. Huobi DM's and Bitfinex's LTC_CQ to LTCUSD is 112th currently. This arbitrage combination isn't a fanciful change, and nowhere near HBDM BTC_CQ to Bitfinex BTCUST and Bitfinex ETHF0-USTF0 to Kraken XETHXXBT which should take your attention.
7th October 2020 08:07:14 UTC - 2 weeks ago
Huobi DM LTC_CQ @ 46.37600000
Bitfinex LTCUSD @ 45.92900000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00004477 BTC with a 1.035% return
Bitcoin Trade Size
This contributes to a profit of 0.0017 BTC when you put up 37.5 bitcoin of LTC_CQ at Huobi DM at the market price of 46.37600000 and buy the matching quantity of 37.5 BTC of LTCUSD at Bitfinex set at 45.93300000 providing a 18.04 USD gain with bitcoin jumping around at $10,611. Presently the advice is to look at this more, as it would result in profit when done to the tune of 0.000045 for every 1 bitcoin. With everything shown, details confirm points that the gains would be inadequate rendering it not worthwhile, notably considering the option of Bitfinex ETHF0-USTF0 to Kraken XETHXXBT resulting in 0.03209699 bitcoin return per one BTC 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 7th October 2020 08:07:14, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.