On 22nd June 2019 we added capturing of Huobi DM to Huobi DM with BCH_NW BCH_CW arbitrage opportunities, currently there is an available 0.47% return swapping this trade as it is currently holding steady since Tuesday, the combination is sat at 1.488 as of 9th August from 06:08 with a profit of 0.00013089 bitcoin for every 1 bitcoin exchanged. Since we began we have witnessed a high reach of 2.718000 in the past month between Huobi DM and Huobi DM, in the last 24 hours the spread reached a high of 2.203000 meaning -9.055 short from the year high creating a 80.4% shortening. Huobi DM's BCH_NW to Huobi DM's BCH_CW is placed 56th currently. This arbitrage spread is not a crazy movement, and not profitable like Bitfinex BTCUSD to Binance BTCUSDC and HBDM BTC_CQ to Bitstamp BTCUSD should be more attractive. This renders a profit of 0.011257 bitcoin if you auction 86 BTC of BCH_NW at Huobi DM at the market price of 332.169 and order the same amount of 86 BTC of BCH_CW at Huobi DM priced at 330.681 turning a $133.31 net gain with bitcoin trading at 11,842 USD per one bitcoin.
9th August 2019 06:08:16 UTC - 2 weeks ago
Huobi DM BCH_NW @ 332.169
Huobi DM BCH_CW @ 330.681
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00013089 BTC with a 0.47% return
Bitcoin Trade Size
Today we recommend look at the arbitrage spreads opportunities, as it would provide profit when carried out to the tune of 0.000131 per 1 bitcoin.
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 9th August 2019 06:08:16, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.