Our 5th update on Kraken's and Huobi Pro's XXBTZUSD to BTCUSDT since 26th November 2019. Since the 10th August 2019 we have been tracking of Kraken's XXBTZUSD and Huobi Pro's BTCUSDT pairings spread, these past 9 minutes there is an available 0.172% return swapping this recommendation as it is temporarily holding fair arbitrage return this Friday, the combination currently spreads at 12.55 at 19:23 today looking at profit of 0.00171726 BTC with every 1 BTC traded. Since we began we have viewed this topping off at 89 since the beginning of November 2019. In the last 24 hours the spread reached a high of 39.95 resulting in a -446.6 shortening on the year signalling a 91.79% reduction from that top spread. Kraken's XXBTZUSD and Huobi Pro's BTCUSDT combination pairs is 47th currently. This arbitrage combination isn't a premium movement, and nowhere near Bitfinex BTCUSD to Bitfinex BTCUST and Bitmex ETHUSD to Poloniex BTC_ETH with it being more appeal.
29th November 2019 19:23:19 UTC - 2 weeks ago
Kraken XXBTZUSD @ 7744.80000000
Huobi Pro BTCUSDT @ 7732.25000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00171726 BTC with a 0.172% return
Bitcoin Trade Size
This contributes to a profit of 0.0321986 BTC if you risk 18.75 BTC of XXBTZUSD at Kraken at the current price of 7,744.80 and buy the duplicate size of 18.75 bitcoin of BTCUSDT at Huobi Pro set at 7,732.25 providing a $249.00 gain with bitcoin trading at 7,733 USD per one bitcoin. We would advise look at the spread opportunities, this will return a profit if carried out to the amount of 0.00171726 for each one bitcoin. The opportunity though indicates that the gains will be modest placing doubt to proceed, specifically when you consider the opportunity of Bitmex ETHUSD to Poloniex BTC_ETH resulting in 0.02006657 BTC return per one bitcoin currently.
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 29th November 2019 19:23:19, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
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