BICO · Convergence Trade
Sparse data (9% of expected samples) — statistics may be unreliable
Forward-fill used for gaps in mark-price history. Smaller window or current spread reading more trustworthy than long-range stats.
Profit Calculator
Three scenarios: the current spread 0.35% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$34.79 | -$15.21 | -$65.21 |
| Round-trip fees | −$12.00 | −$12.00 | −$12.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$1.62 | +$1.62 | +$1.62 |
| Net potential | +$24.41 | -$25.59 | -$75.59 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.46%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 7d · 589 samples
Live spread — order book
on size $10,000Rebuilt from stored order books (last 3h) and updated every ~15s while the page is open. IN is the spread to open the position, OUT is the spread to close it; positive means the trade works in your favour. Both are walked for your position size, so they already include what depth costs you.
- Mark Price
- $0.02012
- Exchange Ticker
- BICO_USDT
- Taker / Maker
- 0.01% / 0%
- Funding APR(8h)
- -274.30%
- OI
- $671.49K
- 24h Vol
- $3.43M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $0.02019
- Exchange Ticker
- BICO-USDT-SWAP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- -131.98%
- OI
- $2.86M
- 24h Vol
- $28.99M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short191 long / 571 short samples · 3 days · auto-refresh every 30s