1000PEPE · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 5m old+0.265%higher than 43% of spread values(window 1D)
long $0.004910 · short $0.004923(long 5s / short 5m old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $0.004917· long -0.1%· short +0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Slippage is not in these figures yet — the order book is still loading. Breakeven is understated and tradeability overstated until it arrives; wait for the refresh before judging the trade.
Three scenarios: the current spread 0.26% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.50% | 1.00% |
|---|---|---|---|
| Gross profit | +$26.48 | -$23.52 | -$73.52 |
| Round-trip fees | −$16.00 | −$16.00 | −$16.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.37 | +$0.37 | +$0.37 |
| Net potential | +$10.85 | -$39.15 | -$89.15 |
Breakeven move 0.1563%·Tradeability: 1.7× round-trip cost · marginal — barely covers costs
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.52%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 282 samples
Current
+0.265%
43 pct
Median
+0.361%
Average
+0.398%
P25 → P75
+0.000% … +0.843%
Range
-1.446% … +1.754%
Std dev
±0.617%
tf
LONG
Decibel(dex)
Decibel(dex)- Mark Price
- $0.004910
- Exchange Ticker
- kPEPE/USD
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.19%
- OI
- $22.87K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Phoenix(dex)
Phoenix(dex)- Mark Price
- $0.004923
- Exchange Ticker
- kPEPE
- Taker / Maker
- 0.035% / 0.005%
- Funding APR(1h)
- +42.73%
- OI
- $10.70K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short280 long / 152 short samples · 2 days · auto-refresh every 30s