BTC · Convergence Trade
Current Spread
updated 0s ago+0.044%higher than 86% of spread values(window 1D)
long $66,482.9 · short $66,512
market median $66,462.65· long +0.0%· short +0.1%
Profit Calculator
Three scenarios: the current spread 0.04% 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 | +$4.38 | -$45.62 | -$95.62 |
| Round-trip fees | −$19.00 | −$19.00 | −$19.00 |
| Slippage(orderbook) | −$0.17 | −$0.17 | −$0.17 |
| Funding drag(est. 1h hold) | +$0.00 | +$0.00 | +$0.00 |
| Net potential | -$14.79 | -$64.79 | -$114.79 |
Breakeven move 0.1917%·Tradeability: 0.2× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~18mintypical time to exit(usually ~12min–~24min)
Exit target: spread compresses to the median 0.02% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 38 comparable episodes over 1D. Check the position roughly every ~1h.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 280 samples
Current
+0.044%
86 pct
Median
-0.001%
Average
-0.000%
P25 → P75
-0.016% … +0.021%
Range
-0.440% … +0.763%
Std dev
±0.096%
Size$
chart range
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LONG
Binance Futures(cex)
Binance Futures(cex)- Mark Price
- $66,482.9
- Exchange Ticker
- BTCUSDT
- Taker / Maker
- 5 / 2 bps
- Funding APR(8h)
- +8.22%
- OI
- $7004.95M
- 24h Vol
- $10759.17M
SHORT
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $66,512
- Exchange Ticker
- BTC
- Taker / Maker
- 4.5 / 1.5 bps
- Funding APR(1h)
- +8.39%
- OI
- $2483.63M
- 24h Vol
- $2576.66M
205 long / 277 short samples · 2 days · auto-refresh every 30s