Huobi's LTCNW and Binance's LTCUSDT combo pairs reached a 14 day period high on the 3rd February 2020 showing a 17% shortening from the ninety day high of 1.332, making a difference of -0.226 over 84 days, the match is sat at 0.498 at 05:54 today looking at profit of 0.00005635 BTC for every 1 BTC traded. Since we began we have seen this arbitrage topping off at 1.106 since the beginning of February. In the last 24 hours the spread reached a high of 0.833 resulting in a -6.087 short on the year making a 88.0% decrease. Huobi's and Binance's LTCNW to LTCUSDT is placed 144th currently. This arbitrage spread isn't a crazy development, and not profitable like HBDM BTC_CQ to Bitfinex BTCF0:USTF0 and Bitmex XBTM20 to Binance BTCUSDT which should take you.
7th February 2020 05:54:18 UTC - 2 weeks ago
Huobi LTCNW @ 74.09800000
Binance LTCUSDT @ 73.60000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00005635 BTC with a 0.75% return
Bitcoin Trade Size
This renders an income of 0.00287385 BTC if you put up 51 BTC of LTCNW at Huobi at the current price of 74.09800000 and buy the twin amount of 51 bitcoin of LTCUSDT at Binance priced at 73.60000000 resulting in 28.05 USD net gain with BTC holding at 9,761 USD per one bitcoin. We propose you look at the spread opportunities, as it would return a profit when executed to the sound of 0.0000564 for every 1 bitcoin. The advice would be indicates that the gains would be small making it not worthwhile if you draft in transfer and exchange outgoings, and, notably when presented with the profits presented by Bitmex XBTM20 to Binance BTCUSDT resulting in 0.04316281 BTC return per one 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 7th February 2020 05:54:18, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.