AAPL · Convergence Trade
Current Spread (mark)
updated 1m ago+0.039%higher than 67% of spread values(window 1D)
long $357.2400 · short $357.3800(long 1m / short 56s old)
Entry Spread (order book)+0.034%on $10,000
long $357.2488 · short $357.3700(average execution prices, not mark)
market median $357.1850· long +0.0%· short +0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.04%, but entry and exit cost 0.26% 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 0.04% 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 | +$3.92 | -$46.08 | -$96.08 |
| Round-trip fees | −$24.00 | −$24.00 | −$24.00 |
| Slippage(orderbook) | −$2.36 | −$2.36 | −$2.36 |
| Funding drag(est. 1h hold) | −$0.13 | −$0.13 | −$0.13 |
| Net potential | -$22.57 | -$72.57 | -$122.57 |
Breakeven move 0.2649%·Tradeability: 0.1× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~12mintypical time to exit(usually ~6min–~18min)
Exit target: spread compresses to the median 0.03% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 58 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 · 285 samples
Current
+0.039%
67 pct
Median
+0.034%
Average
+0.034%
P25 → P75
+0.022% … +0.042%
Range
-0.184% … +0.264%
Std dev
±0.030%
tf
LONG
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $357.2400
- Exchange Ticker
- AAPLUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +10.96%
- OI
- $5.43M
- 24h Vol
- $4.58M
SHORT
Toobit(cex)
Toobit(cex)- Mark Price
- $357.3800
- Exchange Ticker
- AAPL-SWAP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +0.00%
- OI
- $10.59M
- 24h Vol
- $27.06M
284 long / 283 short samples · 2 days · auto-refresh every 30s