Huobi DM to Huobi DM with ETH_NW ETH_CW reached a 14 day period high on the 9th August 2019 at 07:32 indicating a 70% decrease from the ninety day high of 5.928, making a spread of -4.159 over 43 days, the combination currently spreads at 1.294 as of 9th August from 07:55 with a profit of 0.00011756 bitcoin for every one BTC exchanged. Since we began we have viewed a arbitrage high of 3.533000 in the past month, in the last 24 hours the spread reached a high of 1.769000 meaning -4.159 decrease on the year creating a 70.2% change. Huobi DM ETH_NW to Huobi DM ETH_CW is 61st currently. This arbitrage combination should not be considered a special change, and not profitable like Bitfinex BTCUSD to Bitstamp BTCUSD and HBDM BTC_CQ to HBDM BTC_CW should be more attractive.
9th August 2019 07:55:54 UTC - 14 weeks ago
Huobi DM ETH_NW @ 217.192
Huobi DM ETH_CW @ 215.898
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00011756 BTC with a 0.65% return
Bitcoin Trade Size
This pays a profit of 0.000940 BTC if you risk 8 bitcoin of ETH_NW at Huobi DM at the market price of 217.192 and order the identical amount of 8 bitcoin of ETH_CW at Huobi DM priced at 215.898 providing a $11.16 net gain with BTC holding at 11,875 USD. Presently the advice is to scrutinize this pairing more, as it would result in profit when performed to the amount of 0.000118 for each one bitcoin. The current standing would be indicates that the gains would be modest causing obvious doubt to proceed, notably considering the option of HBDM BTC_CQ to HBDM BTC_CW resulting in 0.02690911 bitcoin return per one BTC this Friday morning.
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 07:55:54, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.