1000SHIB · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 4m old+0.080%higher than 76% of spread values(window 1D)
long $0.003742 · short $0.003745(long 4m / short 53s old)
Entry Spread (order book)-0.010%on $10,000
long $0.003750 · short $0.003750(average execution prices, not mark)
market median $0.003746· long -0.1%· short -0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.08%, but entry and exit cost 0.24% of the position. The trade is a loss at entry regardless of how the spread moves afterwards. Reduce the size, or pick another pair.
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% | 0.50% | 1.00% |
|---|---|---|---|
| Gross profit | +$8.02 | -$41.98 | -$91.98 |
| Round-trip fees | −$22.00 | −$22.00 | −$22.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.71 | +$0.71 | +$0.71 |
| Net potential | -$15.95 | -$65.95 | -$115.95 |
Breakeven move 0.2397%·Tradeability: 0.3× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.09%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 283 samples
Current
+0.080%
76 pct
Median
+0.000%
Average
-0.012%
P25 → P75
-0.096% … +0.076%
Range
-0.941% … +0.882%
Std dev
±0.213%
tf
LONG
Binance Futures(cex)
Binance Futures(cex)- Mark Price
- $0.003742
- Exchange Ticker
- 1000SHIBUSDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- -31.42%
- OI
- $15.54M
- 24h Vol
- $48.21M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Bitunix(cex)
Bitunix(cex)- Mark Price
- $0.003745
- Exchange Ticker
- 1000SHIBUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +31.01%
- 24h Vol
- $2.93M
256 long / 255 short samples · 2 days · auto-refresh every 30s