MAGMA · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 5m old-0.516%higher than 5% of spread values(window 1D)
long $0.3200 · short $0.3183(long 5m / short 1m old)
Entry Spread (order book)-0.251%on $10,000
long $0.3190 · short $0.3182(average execution prices, not mark)
market median $0.3184· long +0.5%· short -0.0%
⚠ Spread is inverted — Binance Futures is cheaper than BingX. Convergence trade only profits with positive spread.
Size per leg$= $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 · 279 samples
Current
-0.516%
5 pct
Median
-0.041%
Average
-0.029%
P25 → P75
-0.150% … +0.077%
Range
-1.586% … +2.356%
Std dev
±0.344%
tf
LONG
BingX(cex)
BingX(cex)- Mark Price
- $0.3200
- Exchange Ticker
- MAGMA-USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +7.67%
- OI
- $598.27K
- 24h Vol
- $1.53M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Binance Futures(cex)
Binance Futures(cex)- Mark Price
- $0.3183
- Exchange Ticker
- MAGMAUSDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $6.46M
- 24h Vol
- $23.50M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short249 long / 256 short samples · 2 days · auto-refresh every 30s