BONK · Convergence Trade
Current Spread
updated 0s ago+99582.039%higher than 20% of spread values(window 1D)
long $0.000003234 · short $0.003224(long 5m / short 53s old)
market median $0.003230· long -99.9%· short -0.2%leg is an outlier vs market
Profit Calculator
Three scenarios: the current spread 99582.04% 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 | +$9.96M | +$9.96M | +$9.96M |
| Round-trip fees | −$15.00 | −$15.00 | −$15.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$2.25 | +$2.25 | +$2.25 |
| Net potential | +$9.96M | +$9.96M | +$9.96M |
Breakeven move 0.1275%·Tradeability: 781035.6× round-trip cost · comfortable opportunity
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 99758.36%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 285 samples
Current
+99582.039%
20 pct
Median
+99758.363%
Average
+99744.406%
P25 → P75
+99632.115% … +99872.251%
Range
+97226.208% … +100918.227%
Std dev
±295.655%
Size$
chart range
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LONG
OKX(cex)
OKX(cex)- Mark Price
- $0.000003234
- Exchange Ticker
- BONK-USDT-SWAP
- Taker / Maker
- 5 / 2 bps
- Funding APR(8h)
- -185.28%
- OI
- $2.90M
- 24h Vol
- $15.56M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Extended(dex)
Extended(dex)- Mark Price
- $0.003224
- Exchange Ticker
- 1000BONK-USD
- Taker / Maker
- 2.5 / 0 bps
- Funding APR(1h)
- +11.39%
- OI
- $437.20K
- 24h Vol
- $483.44K
⚠ 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.
281 long / 236 short samples · 2 days · auto-refresh every 30s