1000PEPE · Convergence Trade
Current Spread (mark)
updated 0s ago+0.077%higher than 44% of spread values(window 7D)
long $0.002593 · short $0.002595(long 39s / short 5m old)
Entry Spread (order book)+0.015%on $10,000
long $0.002594 · short $0.002594(average execution prices, not mark)
market median $0.002596· long -0.1%· short -0.0%
Profit Calculator
Three scenarios: the current spread 0.08% 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 | +$7.71 | -$42.29 | -$92.29 |
| Round-trip fees | −$18.00 | −$18.00 | −$18.00 |
| Slippage(orderbook) | −$22.05 | −$22.05 | −$22.05 |
| Funding drag(est. 1h hold) | +$0.80 | +$0.80 | +$0.80 |
| Net potential | -$31.54 | -$81.54 | -$131.54 |
Breakeven move 0.3925%·Tradeability: 0.2× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.10%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 7d · 1,972 samples
Current
+0.077%
44 pct
Median
+0.088%
Average
+0.088%
P25 → P75
+0.035% … +0.140%
Range
-0.826% … +1.314%
Std dev
±0.109%
Size$
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
WOOFi Pro(dex)
WOOFi Pro(dex)- Mark Price
- $0.002593
- Exchange Ticker
- PERP_1000PEPE_USDC
- Taker / Maker
- 0.03% / 0%
- Funding APR(8h)
- -42.72%
- OI
- $34.23K
- 24h Vol
- $1.40K
SHORT
Bitunix(cex)
Bitunix(cex)- Mark Price
- $0.002595
- Exchange Ticker
- 1000PEPEUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +27.33%
- 24h Vol
- $9.41M
1691 long / 1904 short samples · 8 days · auto-refresh every 30s