Huobi's ETHNW and Binance's ETHBTC match up reached a 28 day high on the 18th January 2020 at 14:41 indicating an overall 10.24% decrease from the ninety day high of 200.978931, signaling a spread of -20.572953 over 85 days, the pairing is sat at 169.731631 as of 22nd January from 04:36 with a profit of 0.00007108 BTC with every 1 BTC exchanged. Since we began we have witnessed this arbitrage topping off at 180.405978 since January began. In the last 24 hours the spread reached a high of 170.839626 meaning -52.986193 decrease this year signalling a 23.7% contraction from that top spread. Huobi Binance with ETHNW ETHBTC is 118th currently. This spread isn't a high yield occurrence, and not in the same league as HBDM BTC_CQ to HBDM BTC_CW and Bitmex XBTM20 to Binance BTCUSDT which should appeal more.
22nd January 2020 04:36:18 UTC - 5 weeks ago
Huobi ETHNW @ 169.75100000
Binance ETHBTC @ 0.01936900
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00007108 BTC with a 0.367% return
Bitcoin Trade Size
This gives an income of 0.0048 bitcoin when you close 67 BTC of ETHNW at Huobi at the market price of 169.75100000 and buy the duplicate amount of 67 BTC of ETHBTC at Binance set at 0.01936900 turning a 41.91 USD net gain with the current price of bitcoin set at $8,732. We propose you look into this, this will return a profit when performed to the sound of 0.0000711 to each one bitcoin. With the information on hand points that the profits will be inadequate placing doubt to proceed if you pay transfer costs, and, chiefly when presented with the opportunities presented by Bitmex XBTM20 to Binance BTCUSDT resulting in 0.03298095 BTC profit per 1 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 22nd January 2020 04:36:18, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.