Our 6th update on Huobi's BTC_CQ and Binance Futures's BTCUSDT combo pairs since 25th September 2020. On the 8th June 2019 we added capturing of Huobi's BTCCQ and Kraken's XXBTZUSD arbitrage spreads, today you can get 1.67% return running this trade as it is momentarily displaying steady since Tuesday, the combination is sat at 181.14 at 01:55 today looking at profit of 0.01671649 BTC with every one bitcoin spent. Since tracking proceeded we have verified a pairing high of 300.15 since October began. In the last 24 hours the spread reached a high of 202.28 resulting in a -1096.76 decrease this year making a 84% shortening from that spread. Huobi BTCCQ to Kraken XXBTZUSD is placed 18th out of the 241 arbirtage opportunities. This arbitrage combination is not treated as a great change, and not the same as HBDM BTC_CQ to Bitfinex BTCF0:USTF0 and Bitmex ETHUSD to Poloniex BTC_ETH with it being more attractive.
1st October 2020 01:55:43 UTC - 3 weeks ago
Huobi BTCCQ @ 11024.84000000
Kraken XXBTZUSD @ 10843.70000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.01671649 BTC with a 1.67% return
Bitcoin Trade Size
This results in an income of 0.0836 bitcoin when you spend 5 bitcoin of BTCCQ at Huobi at the market price of 11,024.84 and buy the exact amount of 5 bitcoin of XXBTZUSD at Kraken for 10,843.70 giving a 906.39 USD net gain with BTC positioned at 10,842 USD. The signals expressed show that you should scrutinize this arbitrage pairing more, as it would return a profit when executed to the sound of 0.0167165 for every one bitcoin.
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 1st October 2020 01:55:43, 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.