1000PEPE · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 1m old+0.262%higher than 98% of spread values(window 1D)
long $0.004279 · short $0.004291(long 11s / short 1m old)
Entry Spread (order book)-0.085%on $10,000
long $0.004284 · short $0.004280(average execution prices, not mark)
market median $0.004284· long -0.1%· short +0.2%
Size per leg$= $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 | +$26.24 | -$23.76 | -$73.76 |
| Round-trip fees | −$18.00 | −$18.00 | −$18.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | +$1.84 | -$48.16 | -$98.16 |
Breakeven move 0.2440%·Tradeability: 1.1× round-trip cost · marginal — barely covers costs
⏱ Hold time (estimated from history)
~12mintypical time to exit(usually ~6min–~24min)
Exit target: spread compresses to the median 0.05% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 11 comparable episodes over 1D. Check the position roughly every ~1h.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 284 samples
Current
+0.262%
98 pct
Median
+0.039%
Average
+0.045%
P25 → P75
-0.013% … +0.092%
Range
-0.261% … +0.926%
Std dev
±0.104%
tf
LONG
grvt(dex)
grvt(dex)- Mark Price
- $0.004279
- Exchange Ticker
- KPEPE_USDT_Perp
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(8h)
- +10.96%
- OI
- $994.30K
- 24h Vol
- $3.25M
SHORT
Aster(dex)
Aster(dex)- Mark Price
- $0.004291
- Exchange Ticker
- 1000PEPEUSDT
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(8h)
- +10.96%
- OI
- $729.92K
- 24h Vol
- $2.72M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short284 long / 284 short samples · 2 days · auto-refresh every 30s