BNB · Convergence Trade
Current Spread (mark)
updated 4s ago+0.356%higher than 29% of spread values(window 1D)
long $604.2493 · short $606.4000(long 2m / short 2m old)
Entry Spread (order book)+0.385%on $10,000
long $604.1014 · short $606.4296(average execution prices, not mark)
market median $605.3400· long -0.2%· short +0.2%
Profit Calculator
Three scenarios: the current spread 0.36% 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 | +$35.59 | -$14.41 | -$64.41 |
| Round-trip fees | −$7.00 | −$7.00 | −$7.00 |
| Slippage(orderbook) | −$1.85 | −$1.85 | −$1.85 |
| Funding drag(est. 1h hold) | +$0.28 | +$0.28 | +$0.28 |
| Net potential | +$27.02 | -$22.98 | -$72.98 |
Breakeven move 0.0857%·Tradeability: 4.2× round-trip cost · acceptable margin
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.39%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 235 samples
Current
+0.356%
29 pct
Median
+0.392%
Average
+0.397%
P25 → P75
+0.348% … +0.446%
Range
+0.305% … +0.521%
Std dev
±0.052%
Size$
chart range
Loading Mark Prices…
Loading Price Spread…
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
Extended(dex)
- Mark Price
- $604.2493
- Exchange Ticker
- BNB-USD
- Taker / Maker
- 0.025% / 0%
- Funding APR(1h)
- -21.90%
- OI
- $3.55M
- 24h Vol
- $3.12M
SHORT
MEXC(cex)
- Mark Price
- $606.4000
- Exchange Ticker
- BNB_USDT
- Taker / Maker
- 0.01% / 0%
- Funding APR(8h)
- +2.74%
- OI
- $62.54M
- 24h Vol
- $8.46M
235 long / 234 short samples · 2 days · auto-refresh every 30s