Huobi's LTC_CQ and Bitfinex's LTCUSD pairings reached a 14 day period high on the 8th January 2020 marking a 78% shortening from the ninety day high of 2.973, confirming a difference of -2.332 in 85 days, the pairing currently is spread at 0.384 as of 9th January 2020 from 16:58:09 with a profit of 0.00005211 BTC for every 1 bitcoin traded. Since we began we have witnessed a arbitrage high reach of 11.566 this year. In the last 24 hours the spread reached a high of 0.603 resulting in a -10.963 shortening on the year making a 94.79% decrease from that high. Huobi and Bitfinex LTC_CQ to LTCUSD is placed 114th from a pool of 224 spreads we offer. This arbitrage opportunity isn't a great action, and not profitable like Binance ETHUSDT to Bitmex ETHH20 and HBDM BTC_CQ to Binance BTCPAX which should take your cash.
9th January 2020 16:58:09 UTC - 37 weeks ago
Huobi LTC_CQ @ 44.85300000
Bitfinex LTCUSD @ 44.46900000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00005211 BTC with a 0.92% return
Bitcoin Trade Size
This nets an income of 0.00151 bitcoin if you leverage 29 bitcoin of LTC_CQ at Huobi at the current price of 44.85300000 and order the identical amount of 29 bitcoin of LTCUSD at Bitfinex priced at 44.46900000 providing a 11.82 USD net gain with the current price of BTC set at 7,829 USD. For the time being to look more seriously at this pairing, as it would result in profit if executed to the sound of 0.00005211 to each one BTC. The advice would be points that the profits will be modest causing obvious doubt to proceed, notably when faced with the opportunities presented by HBDM BTC_CQ to Binance BTCPAX giving 0.01843431 BTC profit 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 January 2020 16:58:09, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.