BNB · Convergence Trade
Current Spread (mark)
updated 1m ago-0.018%higher than 6% of spread values(window 1D)
long $778.9700 · short $778.8300(long 1m / short 1m old)
Entry Spread (order book)-0.009%on $10,000
long $779.0769 · short $779.0059(average execution prices, not mark)
market median $778.6200· long +0.0%· short +0.0%
⚠ Spread is inverted — Phemex is cheaper than Binance Futures. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 278 samples
Current
-0.018%
6 pct
Median
+0.002%
Average
+0.005%
P25 → P75
-0.007% … +0.015%
Range
-0.046% … +0.066%
Std dev
±0.017%
Size per leg$= $20,000 total
chart range
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Live spread — order book
on size $10,000Collecting live order-book data…
Rebuilt 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.
LONG
Binance Futures(cex)
Binance Futures(cex)- Mark Price
- $778.9700
- Exchange Ticker
- BNBUSDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +0.00%
- OI
- $452.79M
- 24h Vol
- $228.83M
SHORT
Phemex(cex)
Phemex(cex)- Mark Price
- $778.8300
- Exchange Ticker
- BNBUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(8h)
- +0.00%
- OI
- $67.24M
- 24h Vol
- $26.44M
278 long / 278 short samples · 2 days · auto-refresh every 30s