2Z · Convergence Trade
Current Spread
updated 0s ago+0.077%higher than 9% of spread values(window 1D)
long $0.06587 · short $0.06592(long 4m / short 28s old)
market median $0.06586· long +0.0%· short +0.1%
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 | +$7.74 | -$42.26 | -$92.26 |
| 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 | -$10.26 | -$60.26 | -$110.26 |
Breakeven move 0.1800%·Tradeability: 0.4× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.28%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 274 samples
Current
+0.077%
9 pct
Median
+0.273%
Average
+0.289%
P25 → P75
+0.188% … +0.418%
Range
-1.151% … +0.897%
Std dev
±0.191%
Size$
chart range
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LONG
Pacifica(dex)
Pacifica(dex)- Mark Price
- $0.06587
- Exchange Ticker
- 2Z
- Taker / Maker
- 4 / 1.5 bps
- Funding APR(1h)
- +10.95%
- OI
- $49.54K
- 24h Vol
- $12.38K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Backpack(cex)
Backpack(cex)- Mark Price
- $0.06592
- Exchange Ticker
- 2Z_USDC_PERP
- Taker / Maker
- 5 / 2 bps
- Funding APR(1h)
- +10.95%
- OI
- $115.44K
- 24h Vol
- $64.89K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short249 long / 223 short samples · 2 days · auto-refresh every 30s