Our 23rd update on Huobi's BTCCQ and Bitfinex's BTCUST since 8th March 2020. Huobi and Bitfinex's BTCCQ and BTCUST reached a 14 day period high on the 29th April 2020 at 16:45 indicating an overall 55.5% decrease from the 60 day high of 440.89, signaling a spread of -244.64 in 47 days, the match is sat at 23.26 from 02:33:41 today with a profit of 0.00261038 bitcoin for every one bitcoin traded. Since we began we have viewed this arbitrage topping off at 196.25 since the 1st of May 2020. In the last 24 hours the spread reached a high of 76.85 meaning -978.57 decrease from the year high providing a 92.72% change of that previous height. Huobi's BTCCQ to Bitfinex's BTCUST is placed 14th from 229 combinations monitored. This arbitrage spread isn't a fanciful movement, 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 May 2020 02:33:41 UTC - 4 weeks ago
Huobi BTCCQ @ 8973.76000000
Bitfinex BTCUST @ 8950.50000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00261038 BTC with a 0.26% return
Bitcoin Trade Size
This represents an income of 0.0392 BTC when you risk 15 BTC of BTCCQ at Huobi at the price of 8,973.76 and buy the same amount of 15 BTC of BTCUST at Bitfinex priced at 8,950.50 meaning a 350.78 USD profit with the current price of BTC set at 8,948 USD per one BTC. Currently we recommend that traders look into this pairing more, as it would result in profit if carried out to the sound of 0.002610 for each 1 bitcoin. Everything shown says points that the gains would be modest making it not worthwhile, notably when presented with the opportunities presented by Bitmex ETHUSD to Poloniex BTC_ETH giving 0.02281595 bitcoin profit per one BTC right 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 6th May 2020 02:33:41, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.