AAPL · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 4m old+0.045%higher than 26% of spread values(window 1D)
long $349.8300 · short $349.9880(long 1m / short 4m old)
Entry Spread (order book)+0.044%on $10,000
long $349.7600 · short $349.9140(average execution prices, not mark)
market median $350.3000· long -0.1%· short -0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Slippage is not in these figures yet — the order book is still loading. Breakeven is understated and tradeability overstated until it arrives; wait for the refresh before judging the trade.
Three scenarios: the current spread 0.05% 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 | +$4.52 | -$45.48 | -$95.48 |
| Round-trip fees | −$0.00 | −$0.00 | −$0.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.14 | +$0.14 | +$0.14 |
| Net potential | +$3.62 | -$46.38 | -$96.38 |
Breakeven move 0.0090%·Tradeability: 5.0× round-trip cost · acceptable margin
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.06%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 281 samples
Current
+0.045%
26 pct
Median
+0.060%
Average
+0.058%
P25 → P75
+0.044% … +0.076%
Range
-0.460% … +0.316%
Std dev
±0.054%
tf
LONG
Lighter Robinhood(dex)
Lighter Robinhood(dex)- Mark Price
- $349.8300
- Exchange Ticker
- AAPL-USDG
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- -8.77%
- OI
- $10.21M
- 24h Vol
- $25.12M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Lighter(dex)
Lighter(dex)- Mark Price
- $349.9880
- Exchange Ticker
- AAPL-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +3.51%
- OI
- $6.38M
- 24h Vol
- $14.98M
255 long / 261 short samples · 2 days · auto-refresh every 30s