BTW · Convergence Trade
Current Spread (mark)
updated 1m ago-3.712%
long $0.7358 · short $0.7085(long 1m / short 1m old)
Entry Spread (order book)-3.285%on $10,000
long $0.7340 · short $0.7099(average execution prices, not mark)
market median $0.7249· long +1.5%· short -2.3%
⚠ Spread is inverted — BingX is cheaper than Bybit. Convergence trade only profits with positive spread.
Size per leg$= $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 · 279 samples
Current
-3.712%
0 pct
Median
-1.025%
Average
-1.111%
P25 → P75
-1.784% … -0.586%
Range
-3.733% … +8.182%
Std dev
±1.068%
tf
LONG
Bybit(cex)
Bybit(cex)- Mark Price
- $0.7358
- Exchange Ticker
- BTWUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(4h)
- -5478.75%
- OI
- $4.89M
- 24h Vol
- $15.22M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
BingX(cex)
BingX(cex)- Mark Price
- $0.7085
- Exchange Ticker
- BTW-USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- -3287.25%
- OI
- $594.89K
- 24h Vol
- $2.64M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short254 long / 252 short samples · 2 days · auto-refresh every 30s