On 10th August 2019 we included providing of Huobi and Binance's ETH_CQ and ETHBTC combination, today you can get 2.90% return swapping this trade as it is currently showing solid since Tuesday, the combination is sitting at 181.484114 as of 29th January from 04:25 looking at profit of 0.00054847 BTC for every one bitcoin traded. Since tracking started we have verified the range height of 183.857975 in the past month between Kraken and Bitstamp. In the last 24 hours the spread reached a high of 182.829081 resulting in a -46.329738 decrease from the year high providing a 20.22% reduction from that high. Huobi's ETH_CQ to Binance's ETHBTC is positioned 88th currently. This arbitrage combination should not be considered a premium change, and not in the same league as HBDM BTC_CQ to Bitfinex BTCUSD and Bitmex XBTM20 to Binance BTCUSDT which should be primary.
29th January 2020 04:25:09 UTC - 34 weeks ago
Huobi ETH_CQ @ 181.50300000
Binance ETHBTC @ 0.01888700
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00054847 BTC with a 2.90% return
Bitcoin Trade Size
This nets an income of 0.0112 BTC if you devote 20.5 BTC of ETH_CQ at Huobi at the current price of 181.50300000 and buy the matched amount of 20.5 bitcoin of ETHBTC at Binance for 0.01888600 bringing a $104.60 net gain with the current price of BTC set at $9,339. At present we recommend look at the arbitrage combination opportunities, this will return a profit when performed to the tune of 0.000548 to each one bitcoin. The current standing would be indicates that the profits would be confined placing doubt to proceed, specifically when presented with the opportunity of Bitmex XBTM20 to Binance BTCUSDT giving 0.04280546 bitcoin profit per one BTC 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 29th January 2020 04:25:09, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
I write this journal to go over the basics of trading digital assets on liquid exchanges. I will not delve deeply into fundamentals of the assets unless it is necessary to explain the trading strategy.