Since the 10th August 2019 we have been providing of Kraken's XXBTZUSD and Huobi Pro's BTCUSDT combo pairs arbitrage combination, these past 4 minutes you can get 0.1650% return executing this swap as it is currently holding decent arbitrage return since Friday, the combination is positioned at 14.39 at 09:14 today with a profit of 0.00165021 bitcoin for every one BTC exchanged. Since tracking started we have verified the height of 486.55 this year alone. In the last 24 hours the spread reached a high of 49.81 meaning -436.74 short from the year high marking a 89.76% change from that high. Kraken and Huobi Pro XXBTZUSD to BTCUSDT is 66th from a catalog of 238 spreads we positions. This arbitrage combination isn't a great change, and not in the same league as Binance ETHBTC to Kraken XETHXXBT and Bitmex XBTM20 to Binance BTCUSDT which should be primary.
8th March 2020 09:14:17 UTC - 3 weeks ago
Kraken XXBTZUSD @ 8741.40000000
Huobi Pro BTCUSDT @ 8727.01000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00165021 BTC with a 0.1650% return
Bitcoin Trade Size
This results in an income of 0.03300420 BTC when you put up 20 bitcoin of XXBTZUSD at Kraken at the current price of 8,741.40 and order the corresponding volume of 20 BTC of BTCUSDT at Huobi Pro set at 8,727.01 yielding a $288.00 net gain with BTC holding at 8,726 USD per 1 BTC. Presently you will want to look more seriously at this pairing, this will return a profit when done to the amount of 0.001650 for each 1 bitcoin. With the information on hand indicates that the profits will be poor making it not worthwhile, chiefly when you consider the opportunity of Bitmex XBTM20 to Binance BTCUSDT giving 0.02731092 bitcoin profit per one bitcoin this Sunday.
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 8th March 2020 09:14:17, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.