Our 18th update on Huobi Binance with BTC_CW BTCTUSD since 4th May 2020. On the 10th August 2019 we added covering of Huobi's BTC_CW and Binance's BTCTUSD combination pairs combination, currently you can get 0.15% return executing this recommendation as it is temporarily holding adequate since Sunday, the match is sitting at 11.3 at 09:17 today with a profit of 0.00152481 BTC for every 1 BTC spent. Since tracking started we have watched its spread top out at 936.29 this year. In the last 24 hours the spread reached a high of 64.73 resulting in a -871.56 shortening on the year marking a 93% reduction. Huobi and Binance BTC_CW to BTCTUSD is 40th currently. This arbitrage spread should not be considered a special movement, and should be treated as such with HBDM BTC_CQ to Binance BTCPAX and Bitstamp ETHBTC to Poloniex BTC_ETH which should be investigated.
9th October 2020 09:17:51 UTC - 2 weeks ago
Huobi BTC_CW @ 10887.41000000
Binance BTCTUSD @ 10876.11000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00152481 BTC with a 0.15% return
Bitcoin Trade Size
This provides an income of 0.0640420 bitcoin when you offload 42 BTC of BTC_CW at Huobi at the price of 10,887.41 and order the twin quantity of 42 BTC of BTCTUSD at Binance set at 10,876.11 providing a $696.36 net gain with the current price of BTC set at $10,873. We propose you explore this pairing more, as it would result in profit if executed to the tune of 0.00152481 for every one bitcoin. With the information on hand indicates that the gains would be very small causing needed doubt to proceed when faced with the profits presented by Bitstamp ETHBTC to Poloniex BTC_ETH giving 0.03218323 BTC return per 1 bitcoin currently.
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 9th October 2020 09:17:51, 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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