BNB · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.04%, but entry and exit cost 0.20% 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 0.04% 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 | +$4.37 | -$45.63 | -$95.63 |
| Round-trip fees | −$16.00 | −$16.00 | −$16.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.29 | +$0.29 | +$0.29 |
| Net potential | -$15.20 | -$65.20 | -$115.20 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.08%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 279 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.
- Mark Price
- $777.9900
- Exchange Ticker
- BNB-PERP
- Taker / Maker
- 0.03% / 0.01%
- Funding APR(1h)
- +3.72%
- OI
- $596.13K
- 24h Vol
- $1.10M
- Mark Price
- $778.3300
- Exchange Ticker
- BNB
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(1h)
- +28.93%
- OI
- $27.48K
- 24h Vol
- $716.35
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short278 long / 279 short samples · 2 days · auto-refresh every 30s