1000PEPE · Convergence Trade
Current Spread (mark)
updated 4s ago+0.038%higher than 77% of spread values(window 1D)
long $0.002605 · short $0.002606(long 4m / short 6m old)
Entry Spread (order book)-0.045%on $10,000
long $0.002603 · short $0.002602(average execution prices, not mark)
market median $0.002605· long +0.0%· short +0.0%
Profit Calculator
Three scenarios: the current spread 0.04% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$3.84 | -$46.16 | -$96.16 |
| Round-trip fees | −$22.00 | −$22.00 | −$22.00 |
| Slippage(orderbook) | −$6.75 | −$6.75 | −$6.75 |
| Funding drag(est. 1h hold) | −$0.05 | −$0.05 | −$0.05 |
| Net potential | -$24.96 | -$74.96 | -$124.96 |
Breakeven move 0.2880%·Tradeability: 0.1× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.05%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 281 samples
Current
+0.038%
77 pct
Median
-0.015%
Average
-0.008%
P25 → P75
-0.054% … +0.034%
Range
-0.321% … +0.295%
Std dev
±0.074%
Size$
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
Bitunix(cex)
Bitunix(cex)- Mark Price
- $0.002605
- Exchange Ticker
- 1000PEPEUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +15.21%
- 24h Vol
- $3.43M
SHORT
BingX(cex)
BingX(cex)- Mark Price
- $0.002606
- Exchange Ticker
- 1000PEPE-USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +10.95%
- OI
- $4.48M
- 24h Vol
- $5.25M
271 long / 221 short samples · 2 days · auto-refresh every 30s