Since the 10th August 2019 we have been monitoring of Huobi's LTC_NW to Bitfinex's LTCUSD arbitrage combination, today there is an available 0.4866% return executing this swap as it is momentarily showing steady since Friday, the match is sat at 0.232 at 15:39 today looking at profit of 0.00003015 BTC for every one BTC spent. Since tracking begun we have witnessed a high of 0.388 in the past month between Huobi DM and Binance. In the last 24 hours the spread reached a high of 0.388 resulting in a -2.289 short this year signalling a 86% shortening. Huobi to Bitfinex with LTC_NW LTCUSD is 130th from 228 combinations tracked. This arbitrage opportunity isn't a premium development, and not profitable like HBDM BTC_CQ to Binance BTCUSDT and HBDM BTC_CQ to Bitfinex BTCUSD which should take your dollars.
11th January 2020 15:39:57 UTC - 2 weeks ago
Huobi LTC_NW @ 50.38200000
Bitfinex LTCUSD @ 50.15000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00003015 BTC with a 0.4866% return
Bitcoin Trade Size
This contributes to an income of 0.0020 bitcoin if you auction 67 BTC of LTC_NW at Huobi at the price of 50.38200000 and buy the corresponding amount of 67 BTC of LTCUSD at Bitfinex for 50.15000000 meaning a 16.19 USD gain with the current price of bitcoin set at 8,094 USD. For the time being scrutinize this pairing more, as it would return a profit if carried out to the amount of 0.0000302 for every one BTC. The information provided indicates that the profits will be inadequate rendering it not worthwhile, chiefly when presented with the opportunity of HBDM BTC_CQ to Bitfinex BTCUSD giving 0.02132265 bitcoin profit 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 11th January 2020 15:39:57, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.