BTW · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 5m old-0.008%higher than 61% of spread values(window 1D)
long $1.2206 · short $1.2205(long 5m / short 5m old)
Entry Spread (order book)-0.167%on $10,000
long $1.2189 · short $1.2169(average execution prices, not mark)
market median $1.2204· long +0.0%· short +0.0%
⚠ Spread is inverted — MEXC is cheaper than BingX. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 283 samples
Current
-0.008%
61 pct
Median
-0.019%
Average
-0.029%
P25 → P75
-0.053% … +0.010%
Range
-0.805% … +0.384%
Std dev
±0.126%
Size per leg$= $20,000 total
chart range
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Live spread — order book
on size $10,000Collecting live order-book data…
Rebuilt from stored order books (last 3h) and updated every ~15s while the page is open. IN is the spread to open the position, OUT is the spread to close it; positive means the trade works in your favour. Both are walked for your position size, so they already include what depth costs you.
LONG
BingX(cex)
BingX(cex)- Mark Price
- $1.2206
- Exchange Ticker
- BTW-USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +59.61%
- OI
- $2.26M
- 24h Vol
- $3.14M
SHORT
MEXC(cex)
MEXC(cex)- Mark Price
- $1.2205
- Exchange Ticker
- BTW_USDT
- Taker / Maker
- 0.02% / 0%
- Funding APR(4h)
- +85.91%
- OI
- $12.84M
- 24h Vol
- $5.79M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short283 long / 280 short samples · 1 day · auto-refresh every 30s