Our 1st update on Huobi's ETH_NW and Huobi Pro's ETHUSDT combination pairs since 28th January 2020. On the 18th December 2019 we included monitoring of Huobi's ETH_NW and Huobi Pro's ETHUSDT combo pairs combination, currently there is an available 0.701% return swapping this trade as it is temporarily holding decent this Friday, the pairing is sitting at 1.606 from 12:00:22 today with a profit of 0.00018406 BTC for every one bitcoin traded. Since tracking started we have witnessed a high of 7.533 this year alone. In the last 24 hours the spread reached a high of 4.32 resulting in a -3.213 short on the year marking a 42.7% decrease from that spread. Huobi and Huobi Pro's ETH_NW and ETHUSDT is 109th currently. This spread isn't a premium change, and should be treated as such with Binance ETHBTC to Bitmex ETHH20 and Bitmex XBTM20 to Binance BTCUSDT which should take you.
6th March 2020 12:00:22 UTC - 47 weeks ago
Huobi ETH_NW @ 241.36900000
Huobi Pro ETHUSDT @ 239.66000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00018406 BTC with a 0.701% return
Bitcoin Trade Size
This harvests an income of 0.0040493 bitcoin when you close 22 bitcoin of ETH_NW at Huobi at the current price of 241.36600000 and order the twin amount of 22 bitcoin of ETHUSDT at Huobi Pro set at 239.76000000 providing a 36.96 USD net gain with bitcoin staggering at 9,128 USD. Currently we recommend that analyze this pairing more, this will return a profit if executed to the tune of 0.000184 for each one bitcoin. The opportunity though points that the gains would be narrow placing doubt to proceed especially when presented with the profits presented by Bitmex XBTM20 to Binance BTCUSDT resulting in 0.03638409 bitcoin profit per 1 bitcoin 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 6th March 2020 12:00:22, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
Market capitalization is an old principle that rules most trading platforms. It applies to cryptocurrency as well, as cryptocurrency is always looking for new ways and tools to enhance the performance of its users.