Huobi and Binance ETH_CQ to ETHUSDT reached a fourteen day period high on the 30th January 2020 indicating a 0.2% shortening from the 90 day high of 6.439, confirming a difference of -0.016 over 16 days, the match is positioned at 4.424 from 12:21:15 today with a profit of 0.00047500 bitcoin with every one bitcoin exchanged. Since we began we have viewed a high reach of 6.439 since February began. In the last 24 hours the spread reached a high of 5.799 resulting in a -29.621 short from the year high marking a 83.63% reduction from that top spread. Huobi's ETH_CQ and Binance's ETHUSDT match up is 104th currently. This spread isn't a premium opportunity, and not in the same league as HBDM BTC_CQ to Bittrex USD-BTC and Bitmex XBTM20 to Binance BTCUSDT which should be more attractive.
1st February 2020 12:21:15 UTC - 4 weeks ago
Huobi ETH_CQ @ 185.00400000
Binance ETHUSDT @ 180.58000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00047500 BTC with a 2.457% return
Bitcoin Trade Size
This represents a profit of 0.017813 BTC when you spend 37.5 BTC of ETH_CQ at Huobi at the price of 185.00400000 and buy the very same amount of 37.5 BTC of ETHUSDT at Binance for 180.58000000 giving a $166.35 net gain with bitcoin stable at 9,339 USD. The signals expressed indicate that you should look into this pairing more, as it would provide profit if executed to the sound of 0.00047500 per one bitcoin. The current standing would be points that the gains would be stunted making it not worthwhile, specifically when presented with the availability of Bitmex XBTM20 to Binance BTCUSDT providing 0.03764675 bitcoin 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 1st February 2020 12:21:15, 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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