On 26th November 2019 we included providing of Huobi Huobi Pro with BCHCW BCHUSDT combination, as of now there is an available 0.6859% return swapping this trade as it is currently holding steady arbitrage return today, the match is sat at 3.193 at 10:05 today looking at profit of 0.00031332 BTC for every 1 BTC spent. Since we began we have verified a spread high of 7.02 since the beginning of February. In the last 24 hours the spread reached a high of 7.02 meaning -3.465 short on the year resulting in a 33.0% decrease from that spread. Huobi's and Huobi Pro's BCHCW to BCHUSDT is placed 125th currently. This arbitrage combination is not a high yield activity, and nowhere near HBDM BTC_CQ to Bitfinex BTCF0:USTF0 and Bitmex XBTM20 to Binance BTCUSDT which should be followed.
12th February 2020 10:05:25 UTC - 2 weeks ago
Huobi BCHCW @ 471.30000000
Huobi Pro BCHUSDT @ 468.36000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00031332 BTC with a 0.6859% return
Bitcoin Trade Size
This nets a profit of 0.0027 bitcoin when you close 8.5 BTC of BCHCW at Huobi at the current price of 471.66300000 and order the matching amount of 8.5 bitcoin of BCHUSDT at Huobi Pro set at 468.47000000 providing a 27.69 USD profit with bitcoin fluttering at $10,254 per one BTC. For the time being look into this pairing more, as it would return a profit when performed to the sound of 0.000313 for every 1 BTC. The spread shown indicates that the profits will be confined placing doubt to proceed especially when you consider the choice of Bitmex XBTM20 to Binance BTCUSDT providing 0.05941005 BTC profit per one BTC at this moment.
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 12th February 2020 10:05:25, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
Anyone who has stepped into cryptocurrency from stocks or the alike usually thinks of as to what are the trading hours for cryptocurrencies. A very valid thought to come to your mind if you are a descendant from some other trading mechanism.