SAND · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 4m old-0.233%higher than 5% of spread values(window 1D)
long $0.04290 · short $0.04280(long 4m / short 2m old)
Entry Spread (order book)-0.185%on $10,000
long $0.04293 · short $0.04285(average execution prices, not mark)
market median $0.04279· long +0.3%· short +0.0%
⚠ Spread is inverted — Bitunix is cheaper than BingX. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 280 samples
Current
-0.233%
5 pct
Median
+0.000%
Average
-0.001%
P25 → P75
-0.069% … +0.047%
Range
-0.845% … +0.772%
Std dev
±0.161%
Size per leg$= $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
- $0.04290
- Exchange Ticker
- SAND-USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +10.96%
- OI
- $2.07M
- 24h Vol
- $2.42M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Bitunix(cex)
Bitunix(cex)- Mark Price
- $0.04280
- Exchange Ticker
- SANDUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +3.35%
- 24h Vol
- $470.27K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short251 long / 263 short samples · 2 days · auto-refresh every 30s