Bundle detail

BTC/USDT

Bundle active Back to platform
Buy exchange Binance spot ask 67,420.12
Sell exchange Bybit spot bid 68,862.40
Net spread 2.14% after estimated costs
Confidence 84 strong relation
Risk score 31 medium risk
Final verdict Actionable under current liquidity conditions
Spread convergence chart

Gross vs net spread

Converging
Initial spread 4.80% Current net 2.14% Profitable zone above 0.75%
Convergence metrics

Bundle half-life

84

Initial spread: 4.80%

Current spread: 3.42% gross, 2.14% net.

Decay: 28.7% from peak.

Estimated time to close: 18 minutes.

Persistence score: 73 / 100.

Execution breakdown

Net spread after costs

Buy price67,420.12 Sell price68,862.40 Trading fees0.42% Withdrawal fee0.11% Network cost0.09% Slippage0.66% Min profitable size$12K Max realistic size$184K
Market depth

L1 / L2 order book

Bid sizePriceAsk size
18.4 BTC68,862.4011.2 BTC
14.9 BTC68,840.109.8 BTC
10.1 BTC68,801.657.4 BTC
7.2 BTC68,760.206.1 BTC
Related events

Likely catalyst

Binance: futures listing campaign detected.

Bybit: temporary liquidity premium on BTC/USDT.

Correlation score: 82 / 100, likely catalyst.

Event timeline

Bundle lifecycle

12:00 Binance announced futures listing campaign.

12:05 Deposits and withdrawals confirmed available.

12:07 Spread reached 4.80% gross.

12:12 Net spread after costs: 2.90%.

12:20 Spread started converging.

Risk explanation

Why not low risk?

Spread is decaying and can close before manual execution.

Slippage estimate rises above $184K realistic size.

Event-driven bundles can reverse when liquidity normalizes.

Final verdict

Actionable under current liquidity conditions.

The bundle remains above the profitable threshold after estimated execution costs. Continue monitoring convergence velocity and order book depth before acting.

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