Since the 10th August 2019 we have been covering Huobi DM LTC_NW to Bitstamp LTCUSD arbitrage spreads, presently there is an available 0.620% return running this trade as it is temporarily holding decent this Wednesday, the match is positioned at 0.226 as of 13th November 2019 from 14:13:34 with a profit of 0.00004303 BTC with every one BTC spent. Since tracking proceeded we have witnessed this arbitrage topping off at 0.746 since November began. In the last 24 hours the spread reached a high of 0.357 resulting in a -2.461 shortening on the year marking a 87% decrease from that top spread. Huobi DM and Bitstamp's LTC_NW and LTCUSD is positioned 143rd currently. This arbitrage spread should not be considered a special occurrence, and not the same as HBDM BTC_CQ to Binance BTCTUSD and Bitfinex ETHBTC to Bitmex ETHZ19 which should take your cash.
13th November 2019 14:13:34 UTC - 4 weeks ago
Huobi DM LTC_NW @ 61.00600000
Bitstamp LTCUSD @ 60.78000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00004303 BTC with a 0.620% return
Bitcoin Trade Size
This gives a profit of 0.0017 BTC when you offload 39 bitcoin of LTC_NW at Huobi DM at the price of 61.00600000 and order the same amount of 39 BTC of LTCUSD at Bitstamp priced at 60.78000000 bringing a 14.85 USD net gain with bitcoin trading at 8,737 USD per 1 BTC. The signals expressed say that you should look at this more, this will return a profit when performed to the amount of 0.0000430 for every one bitcoin. The data returned indicates that the gains will be confined causing doubt to proceed when you accept transfer and exchange fees, and especially when you have the choice of Bitfinex ETHBTC to Bitmex ETHZ19 giving 0.02134756 BTC return per 1 bitcoin at this moment.
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 13th November 2019 14:13:34, 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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