Huobi LTCNW to Binance LTCUSDT reached a fourteen day high on the 10th October 2020 showing an overall 58% shortening from the ninety day high of 1.173, signaling a spread of -0.675 over 53 days, the combination is positioned at 0.113 as of 12th October from 09:11:35 with a profit of 0.00001170 bitcoin with every one BTC traded. Since tracking started we have viewed its top out at 0.619 since the beginning of October 2020. In the last 24 hours the spread reached a high of 0.339 resulting in a -6.581 shortening this year making a 95.10% shortening from that top spread. Huobi LTCNW to Binance LTCUSDT is placed 150th currently. This arbitrage opportunity is not looked upon as a fantastic opportunity, and not in the same league as HBDM BTC_CQ to Bitmex XBTUSD and Bitmex ETHUSD to Poloniex BTC_ETH which should appeal more.
12th October 2020 09:11:35 UTC - 2 weeks ago
Huobi LTCNW @ 50.51500000
Binance LTCUSDT @ 50.36000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00001170 BTC with a 0.26% return
Bitcoin Trade Size
This nets a profit of 0.001030 BTC when you spend 88 bitcoin of LTCNW at Huobi at the market price of 50.47300000 and order the twin volume of 88 bitcoin of LTCUSDT at Binance set at 50.36000000 bringing a $11.71 gain with BTC fixed at 11,365 USD. The signals expressed indicate that you should look into this, as it would provide profit when executed to the sound of 0.000012 for every 1 BTC. With everything reported it seems points that the gains will be curbed rendering it not worthwhile, notably considering the option of Bitmex ETHUSD to Poloniex BTC_ETH providing 0.03291934 BTC return per 1 BTC at present.
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 2020 09:11:35, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.