Since the 10th August 2019 we have been covering Huobi's LTCCQ and Binance's LTCBTC arbitrage spreads, today there is an available 1.98% return executing this swap as it is momentarily holding adequate arbitrage return this week, the pairing is sitting at 64.722201 at 22:15 today looking at profit of 0.00013496 bitcoin with every one BTC spent. Since tracking started we have verified a pairing high reach of 65.528146 since the 1st of November 2019. In the last 24 hours the spread reached a high of 65.309166 resulting in a -27.527808 shortening on the year signalling a 29.65% contraction from that high. Huobi's LTCCQ and Binance's LTCBTC is placed 90th from a selection of 218 spreads we offer. This arbitrage combination isn't treated as a great change, and not the same as Binance ETHBTC to Kraken XETHXXBT and HBDM BTC_CQ to Binance BTCTUSD which should be investigated.
6th November 2019 22:15:03 UTC - 1 week ago
Huobi LTCCQ @ 64.72900000
Binance LTCBTC @ 0.00679900
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00013496 BTC with a 1.98% return
Bitcoin Trade Size
This results in an income of 0.0048586 BTC if you sell 36 bitcoin of LTCCQ at Huobi at the price of 64.72900000 and order the exact size of 36 BTC of LTCBTC at Binance priced at 0.00679900 bringing a 45.36 USD profit with bitcoin fixed at 9,335 USD per 1 bitcoin. Currently we recommend that you look into this, this will return a profit if carried out to the amount of 0.00013496 for every one bitcoin. The thought process points that the gains will be placing doubt to proceed if you accept exchange outgoings, and, notably when presented with the profits given by HBDM BTC_CQ to Binance BTCTUSD returning 0.02126262 BTC profit per 1 bitcoin at this moment.
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 November 2019 22:15:03, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.