Our 1st update on Huobi LTCNW to Binance LTCUSDT since 9th August 2019. Since the 20th June 2019 we have been monitoring of Huobi to Binance with LTCNW LTCUSDT spread, presently there is an available 0.24% return running this trade as it is currently showing steady return this Saturday, the pairing currently is spread at 0.139 at 09:37 today with a profit of 0.00001746 bitcoin with every 1 BTC spent. Since tracking begun we have seen it's range top out at 4.015 in the past month between Binance and Kraken, in the last 24 hours the spread reached a high of 0.426 resulting in a -6.494 short from the year high resulting in a 93.8% shortening. Huobi LTCNW to Binance LTCUSDT is positioned 98th currently. This spread is not treated as a special action, and not profitable like HBDM BTC_CQ to HBDM BTC_CW and Binance BCHABCUSDT to Kraken BCHXBT which should be followed.
10th August 2019 09:37:22 UTC - 2 weeks ago
Huobi LTCNW @ 85.35900000
Binance LTCUSDT @ 85.22000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00001746 BTC with a 0.24% return
Bitcoin Trade Size
This nets a profit of 0.0008730 BTC when you offload 50 BTC of LTCNW at Huobi at the market price of 85.35900000 and order the identical quantity of 50 BTC of LTCUSDT at Binance for 85.22000000 resulting in 10.35 USD profit with bitcoin trading at 11,853 USD per 1 bitcoin. Right now we recommend probe this pairing more, this will return a profit when performed to the amount of 0.000017 per one bitcoin. With everything shown, details confirm indicates that the profits will be meager placing doubt to proceed when you consider the availability of Binance BCHABCUSDT to Kraken BCHXBT resulting in 0.02695259 bitcoin return per 1 bitcoin 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 10th August 2019 09:37:22, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.