Our 14th update on Huobi to Binance with BTC_CQ BTCTUSD since 3rd October 2020. Huobi BTC_CQ to Binance BTCTUSD reached a seven day period high on the 1st October 2020 at 08:00 showing an overall 36.13% shortening from the 60 day high of 395.25, signaling a difference of -142.82 in 45 days, the combination currently spreads at 173.63 at 07:08 today with a profit of 0.01651434 bitcoin for every one BTC traded. Since tracking proceeded we have verified a range high reach of 329.09 since the beginning of October. In the last 24 hours the spread reached a high of 211.65 resulting in a -863.4 short this year providing a 80.3% decrease. Huobi's BTC_CQ and Binance's BTCTUSD pairings is positioned 14th currently. This spread isn't a great opportunity, and should be considered as such with HBDM BTC_CQ to Bitmex XBTUSD and Bitmex ETHUSD to Poloniex BTC_ETH which should be investigated.
6th October 2020 07:08:27 UTC - 15 weeks ago
Huobi BTC_CQ @ 10941.14000000
Binance BTCTUSD @ 10767.51000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.01651434 BTC with a 1.652% return
Bitcoin Trade Size
This represents an income of 0.054993 BTC if you close 3.33 BTC of BTC_CQ at Huobi at the price of 10,941.14 and order the corresponding quantity of 3.33 BTC of BTCTUSD at Binance for 10,767.51 resulting in $591.94 profit with the current price of bitcoin set at $10,764 per one BTC. Currently we recommend that traders look at this more, as it would provide profit when performed to the amount of 0.016514 for each one 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 6th October 2020 07:08:27, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.