Since the 10th August 2019 we have been capturing market data of Huobi's BCH_CQ and Bitstamp's BCHBTC combination, currently you can get 0.7369% return swapping this trade as it is temporarily holding decent since Saturday, the match currently is spread at 258.54347424 at 15:52 today with a profit of 0.00022494 BTC for every one bitcoin exchanged. Since tracking started we have seen a range high of 314.145068 since the beginning of November. In the last 24 hours the spread reached a high of 272.668598 resulting in a -92.336744 short from the year high providing a 25.30% change from that spread. Huobi's BCH_CQ and Bitstamp's BCHBTC combo pairs is positioned 106th currently. This arbitrage opportunity should not be considered a great opportunity, and should be treated as such with HBDM BTC_CQ to Binance BTCTUSD and Binance ETHBTC to Bitmex ETHZ19 which should be followed.
18th November 2019 15:52:34 UTC - 3 weeks ago
Huobi BCH_CQ @ 258.57400000
Bitstamp BCHBTC @ 0.03052576
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00022494 BTC with a 0.7369% return
Bitcoin Trade Size
This pays a profit of 0.005736 BTC when you invest 25.5 bitcoin of BCH_CQ at Huobi at the current price of 258.57400000 and order the identical amount of 25.5 bitcoin of BCHBTC at Bitstamp priced at 0.03052576 meaning a $48.23 profit with BTC stable at $8,409 per one BTC. We propose you that you should examine this more, this will return a profit if done to the amount of 0.000225 to each 1 BTC. With everything reported it seems indicates that the profits would be small rendering it not worthwhile when faced with the profits presented by Binance ETHBTC to Bitmex ETHZ19 resulting in 0.02148244 BTC return per 1 BTC for the time being.
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 18th November 2019 15:52:34, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.