BNB · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 3m old+0.120%higher than 66% of spread values(window 1D)
long $749.4312 · short $750.3300(long 3m / short 32s old)
Entry Spread (order book)+0.037%on $10,000
long $749.7186 · short $750.0000(average execution prices, not mark)
market median $750.0350· long -0.1%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.12%, but entry and exit cost 0.19% 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 0.12% 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 | +$11.99 | -$38.01 | -$88.01 |
| Round-trip fees | −$12.60 | −$12.60 | −$12.60 |
| Slippage(orderbook) | −$6.12 | −$6.12 | −$6.12 |
| Funding drag(est. 1h hold) | −$0.01 | −$0.01 | −$0.01 |
| Net potential | -$6.74 | -$56.74 | -$106.74 |
Breakeven move 0.1873%·Tradeability: 0.6× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~12mintypical time to exit(usually ~6min–~18min)
Exit target: spread compresses to the median 0.11% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 60 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
+0.120%
66 pct
Median
+0.110%
Average
+0.110%
P25 → P75
+0.091% … +0.126%
Range
-0.054% … +0.264%
Std dev
±0.039%
tf
LONG
Extended(dex)
Extended(dex)- Mark Price
- $749.4312
- Exchange Ticker
- BNB-USD
- Taker / Maker
- 0.025% / 0%
- Funding APR(1h)
- +11.40%
- OI
- $1.05M
- 24h Vol
- $6.92M
SHORT
edgeX V2(dex)
edgeX V2(dex)- Mark Price
- $750.3300
- Exchange Ticker
- BNBUSDC
- Taker / Maker
- 0.038% / 0.018%
- Funding APR(4h)
- +10.96%
- OI
- $4.21M
- 24h Vol
- $21.06M
278 long / 285 short samples · 2 days · auto-refresh every 30s