Since the 24th June 2019 we have been supporting of Huobi DM ETH_CQ to Huobi DM ETH_CW spread, as of now you can get 2.03% return executing this trade as it is momentarily showing durable arbitrage return since Thursday, the pairing is positioned at 4.307 from 06:48:39 today looking at profit of 0.00037087 BTC with every one BTC exchanged. Since tracking proceeded we have verified the pairing height of 9.191000 since the 1st of August 2019, in the last 24 hours the spread reached a high of 5.235000 meaning -21.066 shortening on the year making a 80.10% decrease of that previous height. Huobi DM's ETH_CQ to Huobi DM's ETH_CW is positioned 46th currently. This arbitrage spread is not a fantastic opportunity, and nowhere near Bitfinex BTCUSD to Kraken XXBTZUSD and HBDM BTC_CQ to Bittrex USD-BTC should be investigated.
9th August 2019 06:48:39 UTC - 120 weeks ago
Huobi DM ETH_CQ @ 220.947
Huobi DM ETH_CW @ 216.64
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00037087 BTC with a 2.03% return
Bitcoin Trade Size
This results in an income of 0.03449 bitcoin when you offload 93 BTC of ETH_CQ at Huobi DM at the price of 220.947 and order the matching size of 93 BTC of ETH_CW at Huobi DM priced at 216.64 yielding a $407.98 gain with BTC holding at $11,829. The signals indicate look at this more, as it would result in profit if carried out to the tune of 0.00037087 for each one BTC. The thought process inidicates that the gains will be stunted placing doubt to proceed, specifically considering the availability of HBDM BTC_CQ to Bittrex USD-BTC providing 0.02564393 bitcoin profit per one BTC 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 9th August 2019 06:48:39, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
Market capitalization is an old principle that rules most trading platforms. It applies to cryptocurrency as well, as cryptocurrency is always looking for new ways and tools to enhance the performance of its users.