Huobi Bitstamp with LTC_CQ LTCUSD reached a 7 day period high on the 9th October 2019 indicating an overall 81.74% shortening from the ninety day high of 2.629, confirming a difference of -2.149 in 16 days, the match is positioned at 0.177 at 11:07 today looking at profit of 0.00003695 BTC for every 1 BTC exchanged. Since tracking begun we have watched its arbitrage top out at 2.629 since the 1st of October 2019. In the last 24 hours the spread reached a high of 0.437 meaning -2.192 decrease on the year making a 83.38% decrease from that top spread. Huobi Bitstamp with LTC_CQ LTCUSD is 99th out of a possible 181 we support. This spread isn't a fanciful activity, and not in the same league as HBDM BTC_CQ to HBDM BTC_CW and Binance ETHBTC to Kraken XETHXXBT with it being more appeal.
12th October 2019 11:07:41 UTC - 5 weeks ago
Huobi LTC_CQ @ 56.18700000
Bitstamp LTCUSD @ 56.01000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00003695 BTC with a 0.55% return
Bitcoin Trade Size
This nets a profit of 0.004 BTC if you risk 99 BTC of LTC_CQ at Huobi at the market price of 56.18700000 and buy the twin amount of 99 BTC of LTCUSD at Bitstamp for 56.01000000 meaning a 33.23 USD net gain with bitcoin holding at $8,308 per 1 bitcoin. Presently the advice is to to look more seriously at this pairing, as it would return a profit if executed to the sound of 0.00003695 per one bitcoin. The opportunity though indicates that the profits will be meager causing needed doubt to proceed if you scrutinize outgoings, and, specifically when you have the opportunity of Binance ETHBTC to Kraken XETHXXBT giving 0.02197236 bitcoin profit per one BTC currently.
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 12th October 2019 11:07:41, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
We have been keeping our heads down and developing our Marker Taker Spread Trading Functionality for a little while now, and we are getting closer and closer to releasing this in the near to medium future.