Our 28th update on Huobi to Bitmex with BTC_CQ XBTUSD since 23rd September 2020. Huobi's and Bitstamp's LTC_CQ to LTCUSD reached a seven day period high on the 1st October 2020 showing a 60.6% decrease from the sixty day high of 2.078, confirming a spread of -1.259 over the 46 days, the combination is sat at 0.56 from 10:22:51 today looking at profit of 0.00005686 BTC for every one bitcoin spent. Since we began we have viewed this spread topping off at 14.144 this year alone. In the last 24 hours the spread reached a high of 0.691 meaning -13.453 decrease this year resulting in a 95.11% shortening from that spread. Huobi's LTC_CQ and Bitstamp's LTCUSD combo pairs is positioned 106th from a selection of 229 positions. This combination is not a special change, and not the same as HBDM BTC_CQ to Bitfinex BTCF0:USTF0 and Bitmex ETHUSD to Poloniex BTC_ETH which should be followed.
6th October 2020 10:22:51 UTC - 28 weeks ago
Huobi LTC_CQ @ 47.06000000
Bitstamp LTCUSD @ 46.50000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00005686 BTC with a 1.313% return
Bitcoin Trade Size
This provides a profit of 0.0010 BTC when you leverage 18 BTC of LTC_CQ at Huobi at the current price of 47.06000000 and buy the identical size of 18 bitcoin of LTCUSD at Bitstamp set at 46.50000000 yielding a $10.73 gain with bitcoin positioned at 10,728 USD. Today we recommend look into this, as it would return a profit if performed to the amount of 0.0000569 to each 1 bitcoin. The information provided points that the profits will be making it not worthwhile, notably considering the option of Bitmex ETHUSD to Poloniex BTC_ETH giving 0.03275306 BTC return per one bitcoin this Tuesday.
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 October 2020 10:22:51, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.