BNB · Convergence Trade
Current Spread (mark)
updated 36s ago+0.074%higher than 74% of spread values(window 1D)
long $713.3514 · short $713.8821
Entry Spread (order book)-0.052%on $10,000
long $714.5896 · short $714.2147(average execution prices, not mark)
market median $714.3800· long -0.1%· short -0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.07%, but entry and exit cost 0.45% of the position. The trade is a loss at entry regardless of how the spread moves afterwards. Reduce the size, or pick another pair.
Three scenarios: the current spread 0.07% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.50% | 1.00% |
|---|---|---|---|
| Gross profit | +$7.44 | -$42.56 | -$92.56 |
| Round-trip fees | −$18.00 | −$18.00 | −$18.00 |
| Slippage(orderbook) | −$27.94 | −$27.94 | −$27.94 |
| Funding drag(est. 1h hold) | +$1.42 | +$1.42 | +$1.42 |
| Net potential | -$37.08 | -$87.08 | -$137.08 |
Breakeven move 0.4452%·Tradeability: 0.2× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~18mintypical time to exit(usually ~6min–~24min)
Exit target: spread compresses to the median 0.06% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 33 comparable episodes over 1D. Check the position roughly every ~1h.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 285 samples
Current
+0.074%
74 pct
Median
+0.011%
Average
+0.015%
P25 → P75
-0.043% … +0.076%
Range
-0.226% … +0.250%
Std dev
±0.073%
tf
LONG
Aftermath(dex)
Aftermath(dex)- Mark Price
- $713.3514
- Exchange Ticker
- BNB
- Taker / Maker
- 0.045% / -0.005%
- Funding APR(1h)
- -62.35%
- OI
- $17.33K
- 24h Vol
- $93.17K
SHORT
Hibachi(dex)
Hibachi(dex)- Mark Price
- $713.8821
- Exchange Ticker
- BNB/USDT-P
- Taker / Maker
- 0.045% / 0%
- Funding APR(1h)
- +62.24%
- OI
- $214.22K
- 24h Vol
- $12.21K
285 long / 285 short samples · 2 days · auto-refresh every 30s