On the 19th June 2019 we enabled providing of Huobi's BTCCW and Binance's BTCUSDT combo pairs arbitrage spreads, currently you can get 0.246% return running this swap as it is temporarily holding decent since Saturday, the match currently is spread at 21.43 from 04:43:10 today with a profit of 0.00246279 bitcoin with every 1 bitcoin spent. Since we began we have witnessed this spread topping off at 86.17 since the beginning of January. In the last 24 hours the spread reached a high of 28.31 meaning -1003.86 decrease on the year resulting in a 97% contraction of that previous height. Huobi's BTCCW and Binance's BTCUSDT pairings is positioned 45th currently. This spread is not looked upon as a great change, and not the same as HBDM BTC_CQ to Bitfinex BTCUSD and Bitmex XBTM20 to Binance BTCUSDT which should take your cash.
28th January 2020 04:43:10 UTC - 4 weeks ago
Huobi BTCCW @ 9117.78000000
Binance BTCUSDT @ 9096.08000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00246279 BTC with a 0.246% return
Bitcoin Trade Size
This renders a profit of 0.02340 BTC when you close 9.5 bitcoin of BTCCW at Huobi at the current price of 9,118.44 and order the matched volume of 9.5 BTC of BTCUSDT at Binance set at 9,097.01 turning a 212.83 USD net gain with BTC fixed at $9,095 per one BTC. We would advise investigate this arbitrage opportunity more, as it would provide profit when performed to the amount of 0.00246279 for each 1 bitcoin. The spread shown indicates that the gains would be inadequate rendering it not worthwhile, notably when faced with the choice of Bitmex XBTM20 to Binance BTCUSDT giving 0.03444105 BTC return per one BTC this Tuesday.
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 28th January 2020 04:43:10, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.