AAPL · Convergence Trade
Current Spread (mark)
updated 1m ago+0.059%higher than 60% of spread values(window 1D)
long $357.0900 · short $357.3000(long 3s / short 1m old)
Entry Spread (order book)+0.046%on $10,000
long $357.1020 · short $357.2664(average execution prices, not mark)
market median $357.2100· long -0.0%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.06%, but entry and exit cost 0.31% 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 0.06% 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 | +$5.88 | -$44.12 | -$94.12 |
| Round-trip fees | −$27.00 | −$27.00 | −$27.00 |
| Slippage(orderbook) | −$4.56 | −$4.56 | −$4.56 |
| Funding drag(est. 1h hold) | +$0.13 | +$0.13 | +$0.13 |
| Net potential | -$25.55 | -$75.55 | -$125.55 |
Breakeven move 0.3143%·Tradeability: 0.2× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~6mintypical time to exit(usually ~6min–~18min)
Exit target: spread compresses to the median 0.05% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 53 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
+0.059%
60 pct
Median
+0.053%
Average
+0.055%
P25 → P75
+0.039% … +0.067%
Range
-0.101% … +0.307%
Std dev
±0.036%
tf
LONG
Bybit(cex)
Bybit(cex)- Mark Price
- $357.0900
- Exchange Ticker
- AAPLUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(8h)
- +0.00%
- OI
- $28.68M
- 24h Vol
- $14.64M
SHORT
WEEX(cex)
WEEX(cex)- Mark Price
- $357.3000
- Exchange Ticker
- AAPLUSDT
- Taker / Maker
- 0.08% / 0.02%
- Funding APR(8h)
- +11.62%
- OI
- $514.75K
- 24h Vol
- $1.71M
Legs are price-incoherent (one side is far from the cross-venue median or oracle-only) — likely a wrong-scale/stale market, not a real convergence trade. Profit suppressed.
284 long / 281 short samples · 2 days · auto-refresh every 30s