Huobi's BTCCQ and Bitfinex's BTCUST reached a fourteen day high on the 1st June 2020 marking an overall 26% decrease from the ninety day high of 440.89, signaling a difference of -113.79 in 81 days, the pairing is sat at 31.03 as of 6th June from 01:46:49 looking at profit of 0.00343178 BTC for every 1 BTC spent. Since tracking begun we have witnessed the spread height of 327.1 since the beginning of June 2020. In the last 24 hours the spread reached a high of 98.5 meaning -956.92 short this year making a 91% change. Huobi's BTCCQ and Bitfinex's BTCUST match up is 24th currently. This arbitrage spread isn't looked upon as a crazy occurrence, and not profitable like HBDM BTC_CQ to Binance BTCPAX and Bitfinex ETHF0-USTF0 to Kraken XETHXXBT which should be investigated.
6th June 2020 01:46:49 UTC - 5 weeks ago
Huobi BTCCQ @ 9632.43000000
Bitfinex BTCUST @ 9601.40000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00343178 BTC with a 0.34% return
Bitcoin Trade Size
This pays a profit of 0.0283122 BTC if you close 8.25 bitcoin of BTCCQ at Huobi at the current price of 9,632.43 and order the matching size of 8.25 bitcoin of BTCUST at Bitfinex set at 9,601.40 meaning a 271.67 USD profit with BTC positioned at 9,596 USD per 1 bitcoin. For the time being that you should examine this more, as it would provide profit when performed to the sound of 0.003432 to each 1 BTC. The spread shown points that the profits will be poor rendering it not worthwhile, chiefly considering the availability of Bitfinex ETHF0-USTF0 to Kraken XETHXXBT giving 0.02506198 bitcoin profit per one 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 June 2020 01:46:49, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.