Our 28th update on Huobi and Bitstamp BCH_CQ to BCHBTC since 8th January 2020. Huobi's and Bitstamp's BCH_CQ to BCHBTC reached a twenty eight day period high on the 11th January marking an overall 9.8% decrease from the ninety day high of 314.145068, making a difference of -30.925982 during the 66 days, the match is sitting at 273.19997405 as of 11th January from 18:13:05 with a profit of 0.00046620 BTC for every one bitcoin spent. Since we began we have seen a arbitrage high reach of 283.219086 in the past month between Binance Futures and Bitfinex. In the last 24 hours the spread reached a high of 283.219086 meaning -81.786256 short from the year high making a 22.4% reduction. Huobi BCH_CQ to Bitstamp BCHBTC is positioned 75th out of a possible 234 spreads we offer. This arbitrage opportunity should not be considered a special movement, and not the same as HBDM BTC_CQ to Binance BTCUSDT and HBDM BTC_CQ to Bitfinex BTCUSD which should be more attractive.
11th January 2020 18:13:05 UTC - 2 weeks ago
Huobi BCH_CQ @ 273.23300000
Bitstamp BCHBTC @ 0.03302595
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00046620 BTC with a 1.4116% return
Bitcoin Trade Size
This pays a profit of 0.008392 BTC if you invest 18 bitcoin of BCH_CQ at Huobi at the price of 273.23300000 and buy the very same size of 18 bitcoin of BCHBTC at Bitstamp for 0.03302595 resulting in $68.46 gain with bitcoin stable at $8,158 per one BTC. Presently the advice is to explore this arbitrage opportunity more, this will return a profit when performed to the sound of 0.00046620 for every 1 BTC. The data returned points that the gains will be meager placing doubt to proceed, specifically considering the opportunities presented by HBDM BTC_CQ to Bitfinex BTCUSD resulting in 0.02166185 bitcoin profit per one BTC as of 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 11th January 2020 18:13:05, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.