BTW · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 5m old-0.287%higher than 1% of spread values(window 1D)
long $1.2209 · short $1.2174(long 5m / short 35s old)
Entry Spread (order book)-0.205%on $10,000
long $1.2183 · short $1.2158(average execution prices, not mark)
market median $1.2204· long +0.0%· short -0.2%
⚠ Spread is inverted — BingX is cheaper than Toobit. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 284 samples
Current
-0.287%
1 pct
Median
+0.000%
Average
+0.007%
P25 → P75
-0.036% … +0.038%
Range
-0.389% … +0.619%
Std dev
±0.119%
Size per leg$= $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
Toobit(cex)
Toobit(cex)- Mark Price
- $1.2209
- Exchange Ticker
- BTW-SWAP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -83.82%
- OI
- $4.75M
- 24h Vol
- $10.12M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
BingX(cex)
BingX(cex)- Mark Price
- $1.2174
- Exchange Ticker
- BTW-USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +60.92%
- OI
- $2.24M
- 24h Vol
- $3.14M
284 long / 283 short samples · 1 day · auto-refresh every 30s