Huobi and Binance Futures's BTC_CQ and BTCUSDT reached a 14 day period high on the 1st June 2020 indicating a 29% decrease from the ninety day high of 453.12, making a spread of -131.64 over the 81 days, the combination currently is spread at 68.35 from 00:54:49 today looking at profit of 0.00689661 BTC for every one bitcoin exchanged. Since we began we have seen a range high of 689.61 this year alone. In the last 24 hours the spread reached a high of 93.62 meaning -595.99 decrease on the year providing a 86% decrease. Huobi's BTC_CQ and Binance Futures's BTCUSDT combo pairs is positioned 18th currently. This arbitrage opportunity isn't a special change, and should be considered as such with HBDM BTC_CQ to Bitfinex BTCF0:USTF0 and Bitmex ETHUSD to Poloniex BTC_ETH which should be investigated.
5th June 2020 00:54:49 UTC - 5 weeks ago
Huobi BTC_CQ @ 9867.99000000
Binance Futures BTCUSDT @ 9799.64000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00689661 BTC with a 0.6897% return
Bitcoin Trade Size
This nets an income of 0.06551780 bitcoin when you risk 9.5 bitcoin of BTC_CQ at Huobi at the price of 9,867.99 and order the matching amount of 9.5 bitcoin of BTCUSDT at Binance Futures set at 9,799.64 providing a 642.17 USD gain with bitcoin fixed at $9,801 per one BTC. Presently the advice is to read up on this pairing more, as it would return a profit if done to the sound of 0.0068966 per 1 BTC.
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 5th June 2020 00:54:49, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
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