BONK · Convergence Trade
Current Spread
updated 0s ago+100001.214%higher than 54% of spread values(window 1D)
long $0.000003168 · short $0.003171(long 2m / short 3m old)
market median $0.003175· long -99.9%· short -0.1%leg is an outlier vs market
Profit Calculator
Three scenarios: the current spread 100001.21% 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 | +$10.00M | +$10.00M | +$10.00M |
| Round-trip fees | −$15.00 | −$15.00 | −$15.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$2.89 | +$2.89 | +$2.89 |
| Net potential | +$10.00M | +$10.00M | +$10.00M |
Breakeven move 0.1211%·Tradeability: 825773.9× round-trip cost · comfortable opportunity
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 99976.18%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 268 samples
Current
+100001.214%
54 pct
Median
+99976.177%
Average
+99974.859%
P25 → P75
+99884.289% … +100091.279%
Range
+97085.442% … +101179.106%
Std dev
±291.575%
Size$
chart range
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LONG
Gate.io(cex)
Gate.io(cex)- Mark Price
- $0.000003168
- Exchange Ticker
- BONK_USDT
- Taker / Maker
- 5 / 2 bps
- Funding APR(4h)
- -241.56%
- OI
- $1.39M
- 24h Vol
- $4.27M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Extended(dex)
Extended(dex)- Mark Price
- $0.003171
- Exchange Ticker
- 1000BONK-USD
- Taker / Maker
- 2.5 / 0 bps
- Funding APR(1h)
- +11.39%
- OI
- $429.36K
- 24h Vol
- $484.38K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade ShortLegs are price-incoherent (one side is far from the cross-venue median or oracle-only) — likely a wrong-scale/stale market, not a real convergence trade. Profit suppressed.
219 long / 233 short samples · 2 days · auto-refresh every 30s