Our 6th update on Huobi and Binance ETHCW to ETHUSDT since 17th January 2020. Huobi's LTC_CQ and Binance's LTCBTC reached a seven day high on the 29th January showing a 3.58% shortening from the 90 day high of 66.993534, making a spread of -2.4002 over the 79 days, the pairing is sat at 63.361442 at 05:59 today with a profit of 0.00021345 bitcoin for every one BTC exchanged. Since tracking started we have watched a high reach of 92.836974 this year. In the last 24 hours the spread reached a high of 64.593334 resulting in a -28.24364 shortening from the year high creating a 30.42% reduction. Huobi's and Binance's LTC_CQ to LTCBTC is placed 112th currently. This arbitrage spread isn't treated as a fanciful action, and should be treated as such with HBDM BTC_CQ to Bitmex XBTUSD and Bitmex XBTM20 to Binance BTCUSDT which should take your attention.
29th January 2020 05:59:32 UTC - 4 weeks ago
Huobi LTC_CQ @ 63.36400000
Binance LTCBTC @ 0.00655300
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00021345 BTC with a 3.25% return
Bitcoin Trade Size
This results in an income of 0.00459 BTC if you devote 21.5 BTC of LTC_CQ at Huobi at the price of 63.36800000 and buy the corresponding volume of 21.5 BTC of LTCBTC at Binance priced at 0.00655800 turning a $42.95 net gain with bitcoin positioned at $9,358 per 1 BTC. Presently you will want to look more seriously at this pairing, as it would return a profit if done to the amount of 0.0002135 per 1 bitcoin. The current standing would be indicates that the gains would be inadequate causing doubt to proceed if you contemplate costs, and when presented with the profits presented by Bitmex XBTM20 to Binance BTCUSDT giving 0.04301467 BTC profit per 1 BTC as of 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 29th January 2020 05:59:32, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.