BITO · Convergence Trade
Sparse data (27% 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 0.47% 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 | +$47.13 | -$2.87 | -$52.87 |
| Round-trip fees | −$24.00 | −$24.00 | −$24.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | +$23.13 | -$26.87 | -$76.87 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.51%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 191 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
- $8.6990
- Exchange Ticker
- BITOUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +0.00%
- OI
- $108.81K
- 24h Vol
- $14.27K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $8.7400
- Exchange Ticker
- BITO-SWAP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- -0.00%
- OI
- $14.68K
- 24h Vol
- $30.31K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short79 long / 183 short samples · 2 days · auto-refresh every 30s