Since the 10th August 2019 we have been providing of Huobi Pro's and Kraken's BTCUSDT to XXBTZUSD arbitrage opportunities, as of now there is an available 0.16% return executing this swap as it is currently holding decent since Thursday, the match currently is spread at 10.38 at 16:25 today looking at profit of 0.00155246 bitcoin with every 1 BTC spent. Since we began we have viewed its arbitrage top out at 61.2 since the 1st of January 2020. In the last 24 hours the spread reached a high of 61.2 meaning -549.8 decrease this year making a 89.98% decrease of that previous height. Huobi Pro and Kraken's BTCUSDT and XXBTZUSD is positioned 66th currently. This arbitrage combination isn't a great development, and should be considered as such with Bitfinex ETHBTC to Poloniex BTC_ETH and HBDM ETH_CQ to Bitmex ETHH20 which should take your cash.
4th January 2020 16:25:16 UTC - 3 weeks ago
Huobi Pro BTCUSDT @ 7310.58000000
Kraken XXBTZUSD @ 7300.20000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00155246 BTC with a 0.16% return
Bitcoin Trade Size
This results in a profit of 0.0442451 bitcoin if you devote 28.5 BTC of BTCUSDT at Huobi Pro at the price of 7,310.58 and buy the twin amount of 28.5 bitcoin of XXBTZUSD at Kraken set at 7,300.20 meaning a 323.48 USD net gain with bitcoin fluttering at $7,311 per 1 BTC. The signals expressed show that you should look into this arbitrage opportunity more, as it would return a profit if performed to the amount of 0.00155246 to each one bitcoin. The advice points that the gains would be narrow making it not worthwhile, notably considering the availability of HBDM ETH_CQ to Bitmex ETHH20 returning 0.01848786 BTC return per 1 BTC 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 4th January 2020 16:25:16, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.