Since the 22nd August 2019 we have been watching of Huobi Pro's ETHUSDT to Bitstamp's ETHUSD arbitrage spreads, as of now there is an available 1.11% return executing this recommendation as it is momentarily displaying reliable arbitrage return this Monday, the match is sitting at 0.78 as of 16th March 2020 from 10:16:28 with a profit of 0.00025277 BTC with every 1 BTC spent. Since tracking proceeded we have seen a arbitrage high reach of 3.42 in the past month. In the last 24 hours the spread reached a high of 1.14 meaning -2.86 decrease this year resulting in a 71.50% contraction of that previous height. Huobi Pro's ETHUSDT to Bitstamp's ETHUSD is positioned 115th out of the 247 we support. This arbitrage opportunity isn't a great opportunity, and should be treated as such with Bitfinex ETHBTC to Bitmex ETHH20 and Binance BTCUSDT to Bitmex XBTH20 which should take your attention.
16th March 2020 10:16:28 UTC - 2 weeks ago
Huobi Pro ETHUSDT @ 104.84000000
Bitstamp ETHUSD @ 104.06000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00025277 BTC with a 1.11% return
Bitcoin Trade Size
This renders an income of 0.003412 bitcoin when you devote 13.5 bitcoin of ETHUSDT at Huobi Pro at the price of 104.84000000 and buy the matching size of 13.5 BTC of ETHUSD at Bitstamp priced at 104.06000000 meaning a 15.52 USD net gain with bitcoin fixed at $4,550. Today we recommend look into this, as it would result in profit if executed to the sound of 0.000253 for each one BTC. The data returned indicates that the gains would be meager rendering it not worthwhile, specifically when presented with the choice of Binance BTCUSDT to Bitmex XBTH20 providing 0.02398871 bitcoin 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 16th March 2020 10:16:28, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.