ON · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 8m old-0.304%higher than 17% of spread values(window 1D)
long $0.08375 · short $0.08350(long 8m / short 5m old)
Entry Spread (order book)-0.297%on $10,000
long $0.08440 · short $0.08415(average execution prices, not mark)
market median $0.08375· long +0.0%· short -0.3%
⚠ Spread is inverted — Toobit is cheaper than Binance Futures. Convergence trade only profits with positive spread.
Size per leg$= $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 · 196 samples
Current
-0.304%
17 pct
Median
+0.000%
Average
+0.015%
P25 → P75
-0.144% … +0.194%
Range
-1.476% … +1.263%
Std dev
±0.393%
tf
LONG
Binance Futures(cex)
Binance Futures(cex)- Mark Price
- $0.08375
- Exchange Ticker
- ONUSDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $6.16M
- 24h Vol
- $13.47M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Toobit(cex)
Toobit(cex)- Mark Price
- $0.08350
- Exchange Ticker
- ON-SWAP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +54.79%
- OI
- $663.13K
- 24h Vol
- $1.52M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short155 long / 152 short samples · 2 days · auto-refresh every 30s