BNB · Convergence Trade
Current Spread (mark)
updated 35s ago+0.126%higher than 8% of spread values(window 1D)
long $617.9000 · short $618.6807
Entry Spread (order book)+0.170%on $10,000
long $618.0720 · short $619.1220(average execution prices, not mark)
market median $618.4100· long -0.1%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.13%, but entry and exit cost 0.16% 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 0.13% 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 | +$12.63 | -$37.37 | -$87.37 |
| Round-trip fees | −$8.00 | −$8.00 | −$8.00 |
| Slippage(orderbook) | −$7.96 | −$7.96 | −$7.96 |
| Funding drag(est. 1h hold) | −$0.02 | −$0.02 | −$0.02 |
| Net potential | -$3.35 | -$53.35 | -$103.35 |
Breakeven move 0.1598%·Tradeability: 0.8× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.19%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 284 samples
Current
+0.126%
8 pct
Median
+0.187%
Average
+0.188%
P25 → P75
+0.161% … +0.211%
Range
-0.058% … +0.529%
Std dev
±0.062%
tf
LONG
Variational(dex)
Variational(dex)- Mark Price
- $617.9000
- Exchange Ticker
- BNB
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- +1.42%
- OI
- $6.69M
- 24h Vol
- $7.64M
SHORT
Aster(dex)
Aster(dex)- Mark Price
- $618.6807
- Exchange Ticker
- BNBUSDT
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(8h)
- +0.00%
- OI
- $5.46M
- 24h Vol
- $7.28M
284 long / 283 short samples · 2 days · auto-refresh every 30s