Huobi's ETH_CQ and Bitfinex's ETHUSD reached a 7 day high on the 5th November 2019 at 16:01 indicating a 59% shortening from the 60 day high of 9.557, making a spread of -5.686 in 53 days, the combination currently is spread at 2.836 from 11:50:54 today with a profit of 0.00030929 BTC with every 1 BTC exchanged. Since we began we have witnessed the range height of 6.322 since November began. In the last 24 hours the spread reached a high of 3.643 meaning -36.523 shortening this year making a 90.9% decrease. Huobi's and Bitfinex's ETH_CQ to ETHUSD is 82nd currently. This spread isn't a great development, and not in the same league as HBDM BTC_CQ to Bitstamp BTCUSD and HBDM BTC_CQ to Binance BTCTUSD which should take your cash.
7th November 2019 11:50:54 UTC - 29 weeks ago
Huobi ETH_CQ @ 189.93600000
Bitfinex ETHUSD @ 187.10000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00030929 BTC with a 1.52% return
Bitcoin Trade Size
This gives an income of 0.007 BTC if you close 21.75 bitcoin of ETH_CQ at Huobi at the price of 189.93600000 and buy the interchangable quantity of 21.75 BTC of ETHUSD at Bitfinex set at 187.10000000 meaning a 64.41 USD net gain with the current price of bitcoin set at 9,202 USD. The signals demonstrate look at this more, as it would provide profit if performed to the tune of 0.00030929 per 1 bitcoin. The thought process points that the gains would be small placing doubt to proceed, specifically when given the option of HBDM BTC_CQ to Binance BTCTUSD returning 0.02048767 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 7th November 2019 11:50:54, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
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