Our 6th update on Huobi Pro's BTCUSDT to Kraken's XXBTZUSD since 23rd January 2020. Huobi Pro's BTCUSDT and Kraken's XXBTZUSD pairings reached a 28 day high on the 19th January showing a 17% decrease from the 90 day high of 89.49, signaling a difference of -14.96 over the 53 days, the match is positioned at 14.69 from 07:54:39 today looking at profit of 0.00142578 BTC for every 1 bitcoin spent. Since tracking begun we have viewed its arbitrage top out at 74.53 since the 1st of February 2020. In the last 24 hours the spread reached a high of 36.89 meaning -574.11 shortening this year providing a 94% decrease from that spread. Huobi Pro's BTCUSDT and Kraken's XXBTZUSD pairings is positioned 68th from a selection of 250 combinations tracked. This arbitrage spread should not be considered a great action, and not the same as HBDM BTC_CQ to Bitfinex BTCF0:USTF0 and Bitmex XBTM20 to Binance BTCUSDT which should be primary.
6th February 2020 07:54:39 UTC - 9 weeks ago
Huobi Pro BTCUSDT @ 9692.99000000
Kraken XXBTZUSD @ 9678.30000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00142578 BTC with a 0.1428% return
Bitcoin Trade Size
This earns a profit of 0.0185 bitcoin if you risk 13 BTC of BTCUSDT at Huobi Pro at the price of 9,692.99 and buy the matched size of 13 bitcoin of XXBTZUSD at Kraken priced at 9,678.30 giving a 179.32 USD profit with BTC stable at 9,693 USD. We would advise look at this more, as it would return a profit when carried out to the sound of 0.0014258 for every 1 bitcoin. With the information on hand points that the gains will be stunted causing doubt to proceed, chiefly when faced with the option of Bitmex XBTM20 to Binance BTCUSDT returning 0.05066378 BTC return per one BTC 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 6th February 2020 07:54:39, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.