Since the 10th August 2019 we have been capturing data points of Huobi's LTC_NW to Binance's LTCBTC arbitrage spreads, today there is an available 0.418% return executing this recommendation as it is temporarily holding adequate return this Thursday, the pairing currently is spread at 61.717112 as of 5th March from 07:12 with a profit of 0.00002876 bitcoin with every one BTC traded. Since tracking begun we have witnessed its range top out at 85.871904 in the past month. In the last 24 hours the spread reached a high of 61.999093 meaning -29.782875 decrease on the year providing a 32% shortening. Huobi and Binance's LTC_NW and LTCBTC is positioned 153rd currently. This spread isn't treated as a high yield activity, and not the same as Binance ETHBTC to Kraken XETHXXBT and Bitmex XBTM20 to Binance BTCUSDT which should be more attractive.
5th March 2020 07:12:11 UTC - 19 weeks ago
Huobi LTC_NW @ 61.72400000
Binance LTCBTC @ 0.00688800
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00002876 BTC with a 0.418% return
Bitcoin Trade Size
This provides an income of 0.003 bitcoin when you devote 88 BTC of LTC_NW at Huobi at the price of 61.72400000 and order the corresponding size of 88 BTC of LTCBTC at Binance set at 0.00688800 meaning a 26.77 USD net gain with bitcoin stable at $8,924. The signals indicate that you should examine this more, as it would provide profit when done to the sound of 0.0000288 for each 1 bitcoin. The advice indicates that the gains will be rendering it not worthwhile when you consider transfer costs, and, notably when you have the opportunity of Bitmex XBTM20 to Binance BTCUSDT resulting in 0.03471770 BTC return per 1 bitcoin right now.
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 March 2020 07:12:11, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.