BNB · Convergence Trade
Current Spread (mark)
updated 1m ago+0.284%higher than 96% of spread values(window 1D)
long $618.8705 · short $620.6300(long 34s / short 1m old)
Entry Spread (order book)+0.011%on $10,000
long $620.1500 · short $620.2200(average execution prices, not mark)
market median $619.8426· long -0.2%· short +0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Three scenarios: the current spread 0.28% 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 | +$28.43 | -$21.57 | -$71.57 |
| Round-trip fees | −$10.00 | −$10.00 | −$10.00 |
| Slippage(orderbook) | −$5.74 | −$5.74 | −$5.74 |
| Funding drag(est. 1h hold) | −$0.02 | −$0.02 | −$0.02 |
| Net potential | +$12.67 | -$37.33 | -$87.33 |
Breakeven move 0.1576%·Tradeability: 1.8× round-trip cost · marginal — barely covers costs
⏱ Hold time (estimated from history)
~6mintypical time to exit(usually ~6min–~12min)
Exit target: spread compresses to the median 0.19% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 21 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 · 282 samples
Current
+0.284%
96 pct
Median
+0.189%
Average
+0.189%
P25 → P75
+0.164% … +0.218%
Range
-0.105% … +0.504%
Std dev
±0.060%
tf
LONG
Variational(dex)
Variational(dex)- Mark Price
- $618.8705
- Exchange Ticker
- BNB
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- +1.83%
- OI
- $6.73M
- 24h Vol
- $7.66M
SHORT
Pionex(cex)
Pionex(cex)- Mark Price
- $620.6300
- Exchange Ticker
- BNB_USDT_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +0.00%
- OI
- $2.02M
- 24h Vol
- $7.35M
282 long / 281 short samples · 2 days · auto-refresh every 30s