Huobi LTCCQ to Bitstamp LTCUSD reached a seven day high on the 17th January 2020 indicating an overall 7.3% decrease from the 90 day high of 2.072, signaling a difference of -0.151 over the 3 days, the match is positioned at 0.824 from 06:00:01 today with a profit of 0.00011839 bitcoin for every 1 BTC exchanged. Since tracking proceeded we have viewed a pairing high of 2.072 in the past month between Binance Futures and Bitfinex. In the last 24 hours the spread reached a high of 1.541 meaning -1.573 short from the year high marking a 50.5% shortening. Huobi and Bitstamp LTCCQ to LTCUSD is positioned 106th currently. This arbitrage spread is not looked upon as a excellent action, and should be considered as such with Okex ETH-USDT to Bitmex ETHH20 and Bitmex XBTM20 to Binance BTCUSDT which should be investigated.
24th January 2020 06:00:01 UTC - 4 weeks ago
Huobi LTCCQ @ 53.34500000
Bitstamp LTCUSD @ 52.50000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00011839 BTC with a 1.8811% return
Bitcoin Trade Size
This nets an income of 0.00355170 bitcoin if you spend 30 BTC of LTCCQ at Huobi at the current price of 53.35400000 and buy the matched quantity of 30 BTC of LTCUSD at Bitstamp for 52.53000000 providing a 29.55 USD net gain with bitcoin positioned at 8,320 USD per 1 bitcoin. Presently the advice is to look into this, this will return a profit when done to the tune of 0.00011839 for every one BTC. With everything shown, details confirm indicates that the profits would be risky making it not worthwhile especially when faced with the option of Bitmex XBTM20 to Binance BTCUSDT giving 0.02995951 BTC return per one bitcoin 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 24th January 2020 06:00:01, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.