On the 22nd August 2019 we included tracking of Huobi Pro's ETHUSDT and Bitstamp's ETHUSD arbitrage spreads, today you can get 0.17% return executing this trade as it is momentarily holding fair today, the match currently is spread at 0.25 from 02:04:58 today with a profit of 0.00005711 bitcoin for every 1 BTC exchanged. Since tracking begun we have watched its pairing top out at 5.45 since September began. In the last 24 hours the spread reached a high of 1.4 resulting in a -5.47 decrease from the year high marking a 80% reduction. Huobi Pro's and Bitstamp's ETHUSDT to ETHUSD is positioned 112th out of 247 spreads we offer. This combination isn't treated as superb opportunity, and not in the same league as HBDM BTC_CQ to Binance BTCUSDC and Binance ETHBTC to Kraken XETHXXBT which should be considered.
29th September 2020 02:04:58 UTC - 29 weeks ago
Huobi Pro ETHUSDT @ 353.97000000
Bitstamp ETHUSD @ 353.38000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00005711 BTC with a 0.17% return
Bitcoin Trade Size
This gives a profit of 0.00120 bitcoin when you put up 21 bitcoin of ETHUSDT at Huobi Pro at the market price of 353.95000000 and order the twin volume of 21 BTC of ETHUSD at Bitstamp priced at 353.70000000 meaning a $12.82 profit with BTC trading at 10,681 USD. We propose you to look more seriously at this pairing, as it would result in profit when executed to the tune of 0.000057 for each one BTC. The information provided points that the gains will be confined placing doubt to proceed, chiefly when you consider the opportunity of Binance ETHBTC to Kraken XETHXXBT returning 0.03312190 BTC 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 29th September 2020 02:04:58, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
Crypto trading is a difficult and complicated stream for most beginners. From getting confused into the same name abbreviations across multiple platforms for different currencies, to not being able to forecast the right picture.