BMNR · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.21% 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 | +$20.74 | -$29.26 | -$79.26 |
| Round-trip fees | −$5.00 | −$5.00 | −$5.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | +$10.95 | -$39.05 | -$89.05 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.05% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 92 comparable episodes over 7D. Check the position roughly every ~1h.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 7d · 1,330 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.
Extended(dex)- Mark Price
- $18.8509
- Exchange Ticker
- BMNR-USD
- Taker / Maker
- 0.025% / 0%
- Funding APR(1h)
- +0.00%
- OI
- $170.82K
- 24h Vol
- $1.34M
Variational(dex)- Mark Price
- $18.8900
- Exchange Ticker
- BMNR
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- +0.00%
- OI
- $152.88K
- 24h Vol
- $89.10K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short1044 long / 1059 short samples · 8 days · auto-refresh every 30s