BNB · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.14%, but entry and exit cost 0.23% 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 0.14% 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 | +$14.12 | -$35.88 | -$85.88 |
| Round-trip fees | −$21.00 | −$21.00 | −$21.00 |
| Slippage(orderbook) | −$2.56 | −$2.56 | −$2.56 |
| Funding drag(est. 1h hold) | +$0.49 | +$0.49 | +$0.49 |
| Net potential | -$8.95 | -$58.95 | -$108.95 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.11% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 28 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 · 283 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.
Bybit(cex)- Mark Price
- $772.1000
- Exchange Ticker
- BNBUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(8h)
- -12.29%
- OI
- $123.24M
- 24h Vol
- $34.38M
grvt(dex)- Mark Price
- $773.1900
- Exchange Ticker
- BNB_USDT_Perp
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(8h)
- +30.35%
- OI
- $2.92M
- 24h Vol
- $30.40M
283 long / 283 short samples · 2 days · auto-refresh every 30s