Our 9th update on Huobi's BCH_CW and Huobi Pro's BCHUSDT since 16th August 2020. Huobi's BCH_CW and Huobi Pro's BCHUSDT match up reached a fourteen day period high on the 25th September showing a 71.67% decrease from the sixty day high of 5.214, signaling a spread of -3.737 over 9 days, the pairing is sitting at 0.511 from 08:16:02 today with a profit of 0.00005244 bitcoin for every one BTC spent. Since tracking started we have watched the spread height of 5.214 since the beginning of October 2020. In the last 24 hours the spread reached a high of 0.963 meaning -10.618 decrease from the year high creating a 91.7% change from that spread. Huobi BCH_CW to Huobi Pro BCHUSDT is 108th from a catalog of 223 spreads we monitor. This spread should not be considered superb action, and should be treated as such with HBDM BTC_CQ to Bitfinex BTCUST and Binance ETHUSDT to Kraken XETHXXBT which should be considered.
3rd October 2020 08:16:02 UTC - 15 weeks ago
Huobi BCH_CW @ 219.58100000
Huobi Pro BCHUSDT @ 219.07000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00005244 BTC with a 0.25% return
Bitcoin Trade Size
This renders a profit of 0.0018354 bitcoin if you leverage 35 BTC of BCH_CW at Huobi at the price of 219.58100000 and order the matching amount of 35 BTC of BCHUSDT at Huobi Pro for 219.07000000 bringing a $19.29 profit with bitcoin stable at $10,508. We propose you look at the arbitrage opportunities opportunities, as it would return a profit if carried out to the amount of 0.000052 for every one BTC. The information provided points that the profits would be stunted rendering it not worthwhile seeing the availability of Binance ETHUSDT to Kraken XETHXXBT providing 0.03282735 BTC return per one bitcoin as of 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 3rd October 2020 08:16:02, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.