Our 2nd update on Bitfinex's LTCUSD and Bitstamp's LTCUSD combo pairs since 16th August 2019. Since the 22nd August 2019 we have been supporting of Huobi Pro to Bitstamp with ETHUSDT ETHUSD arbitrage opportunities, as of now there is an available 0.201% return executing this trade as it is temporarily holding okay this Wednesday, the pairing is sitting at 0.24 at 11:55 today with a profit of 0.00003573 BTC with every one bitcoin exchanged. Since tracking begun we have verified its arbitrage top out at 1.82 since September began. In the last 24 hours the spread reached a high of 0.77 meaning -1.05 shortening this year creating a 57.7% reduction of that previous height. Huobi Pro's ETHUSDT and Bitstamp's ETHUSD combo pairs is positioned 95th out of a possible 182 spreads we offer. This arbitrage spread should not be considered a crazy change, and not the same as HBDM BTC_CQ to Bitfinex BTCUST and HBDM BTC_CQ to Binance BTCPAX which should take your attention.
11th September 2019 11:55:43 UTC - 1 week ago
Huobi Pro ETHUSDT @ 179.07000000
Bitstamp ETHUSD @ 178.82000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00003573 BTC with a 0.201% return
Bitcoin Trade Size
This results in a profit of 0.00167931 BTC when you offload 47 bitcoin of ETHUSDT at Huobi Pro at the current price of 179.06000000 and buy the matched quantity of 47 bitcoin of ETHUSD at Bitstamp set at 178.82000000 meaning a 16.92 USD net gain with bitcoin positioned at 10,075 USD per 1 bitcoin. Our recommendation tonight is to to look more seriously at this pairing, this will return a profit when done to the sound of 0.0000357 per one bitcoin. The current standing would be points that the gains will be stunted making it not worthwhile, specifically when you have the option of HBDM BTC_CQ to Binance BTCPAX providing 0.00903295 BTC return per one bitcoin right now.
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 11th September 2019 11:55:43, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.