Huobi DM's and Huobi Pro's BTC_NW to BTCUSDT reached a fourteen day period high on the 25th September 2020 at 09:20 marking an overall 77.86% decrease from the 60 day high of 212.43, signaling a spread of -165.4 over 39 days, the pairing currently is spread at 15.74 from 07:05:14 today looking at profit of 0.00147838 bitcoin for every 1 BTC traded. Since tracking started we have witnessed this pairing topping off at 53.26 since the beginning of October. In the last 24 hours the spread reached a high of 26.33 resulting in a -186.94 shortening this year signalling a 88% contraction from that high. Huobi DM's BTC_NW and Huobi Pro's BTCUSDT combo pairs is positioned 35th from a pool of 229 we support. This arbitrage combination isn't a great action, and not the same as HBDM BTC_CQ to Huobi BTCUSDT and Bitmex ETHUSD to Poloniex BTC_ETH which should be primary.
5th October 2020 07:05:15 UTC - 3 weeks ago
Huobi DM BTC_NW @ 10666.30000000
Huobi Pro BTCUSDT @ 10650.56000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00147838 BTC with a 0.148% return
Bitcoin Trade Size
This provides a profit of 0.0066527 BTC if you put up 4.5 bitcoin of BTC_NW at Huobi DM at the price of 10,666.30 and buy the matching quantity of 4.5 BTC of BTCUSDT at Huobi Pro for 10,650.56 bringing a 70.87 USD gain with bitcoin positioned at 10,654 USD per one BTC. Presently the advice is to scrutinize this arbitrage pairing more, as it would provide profit if executed to the sound of 0.001478 for each one bitcoin. The advice would be indicates that the profits will be small causing doubt to proceed, notably when presented with the availability of Bitmex ETHUSD to Poloniex BTC_ETH resulting in 0.03299066 bitcoin profit per one BTC this Monday 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 5th October 2020 07:05:15, 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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