Since the 26th November 2019 we have been supporting of Huobi LTC_CQ to Huobi Pro LTCUSDT spread, today you can get 1.22% return running this recommendation as it is currently showing constant return since Saturday, the combination currently is spread at 0.558 as of 8th October 2020 from 03:28 looking at profit of 0.00005335 BTC for every one BTC traded. Since we began we have seen its spread top out at 0.753 in the past month between Huobi Pro and Huobi. In the last 24 hours the spread reached a high of 0.636 meaning -4.478 short this year making a 87.6% reduction. Huobi's LTC_CQ and Huobi Pro's LTCUSDT combination pairs is placed 116th currently. This arbitrage opportunity isn't treated as superb occurrence, and nowhere near HBDM BTC_CQ to Binance BTCPAX and Bitfinex ETHF0-USTF0 to Kraken XETHXXBT which should be primary.
8th October 2020 03:28:17 UTC - 15 weeks ago
Huobi LTC_CQ @ 47.06800000
Huobi Pro LTCUSDT @ 46.51000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00005335 BTC with a 1.22% return
Bitcoin Trade Size
This results in an income of 0.00224070 BTC when you auction 42 BTC of LTC_CQ at Huobi at the market price of 47.06800000 and buy the twin size of 42 BTC of LTCUSDT at Huobi Pro set at 46.51000000 giving a 23.85 USD profit with BTC fixed at $10,646. The signals indicate read up on this arbitrage opportunity more, as it would provide profit when done to the sound of 0.0000534 per 1 bitcoin. The information provided points that the profits would be narrow causing doubt to proceed seeing the choice of Bitfinex ETHF0-USTF0 to Kraken XETHXXBT returning 0.03192464 bitcoin return per one BTC this Thursday.
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 8th October 2020 03:28:17, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.