BNB · Convergence Trade
Current Spread (mark)
updated 56s ago+0.083%higher than 3% of spread values(window 1D)
long $617.9685 · short $618.4800
Entry Spread (order book)+0.046%on $10,000
long $618.1940 · short $618.4800(average execution prices, not mark)
market median $618.4000· long -0.1%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.08%, but entry and exit cost 0.17% 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 0.08% 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 | +$8.28 | -$41.72 | -$91.72 |
| Round-trip fees | −$10.00 | −$10.00 | −$10.00 |
| Slippage(orderbook) | −$7.47 | −$7.47 | −$7.47 |
| Funding drag(est. 1h hold) | −$0.01 | −$0.01 | −$0.01 |
| Net potential | -$9.20 | -$59.20 | -$109.20 |
Breakeven move 0.1748%·Tradeability: 0.5× 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
+0.083%
3 pct
Median
+0.186%
Average
+0.187%
P25 → P75
+0.158% … +0.215%
Range
-0.073% … +0.361%
Std dev
±0.055%
tf
LONG
Variational(dex)
Variational(dex)- Mark Price
- $617.9685
- Exchange Ticker
- BNB
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- +1.01%
- OI
- $6.63M
- 24h Vol
- $7.60M
SHORT
Binance Futures(cex)
Binance Futures(cex)- Mark Price
- $618.4800
- Exchange Ticker
- BNBUSDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +0.00%
- OI
- $350.13M
- 24h Vol
- $387.38M
284 long / 284 short samples · 2 days · auto-refresh every 30s