AAPL · Convergence Trade
Current Spread (mark)
updated 0s ago+0.177%higher than 46% of spread values(window 1D)
long $305.0000 · short $305.5400(long 3m / short 3m old)
Entry Spread (order book)+0.048%on $10,000
long $305.0742 · short $305.2197(average execution prices, not mark)
market median $305.5450· long -0.2%· short -0.0%
Profit Calculator
Three scenarios: the current spread 0.18% 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 | +$17.70 | -$32.30 | -$82.30 |
| Round-trip fees | −$17.00 | −$17.00 | −$17.00 |
| Slippage(orderbook) | −$18.66 | −$18.66 | −$18.66 |
| Funding drag(est. 1h hold) | +$0.06 | +$0.06 | +$0.06 |
| Net potential | -$17.90 | -$67.90 | -$117.90 |
Breakeven move 0.3560%·Tradeability: 0.5× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.18%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 212 samples
Current
+0.177%
46 pct
Median
+0.182%
Average
+0.177%
P25 → P75
+0.147% … +0.210%
Range
-0.023% … +0.480%
Std dev
±0.049%
Size$
chart range
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Live spread — order book
on size $10,000Collecting live order-book data…
Rebuilt from stored order books (last 3h) and updated every ~15s while the page is open. IN is the spread to open the position, OUT is the spread to close it; positive means the trade works in your favour. Both are walked for your position size, so they already include what depth costs you.
LONG
Ondo(dex)
Ondo(dex)- Mark Price
- $305.0000
- Exchange Ticker
- AAPL-USD.P
- Taker / Maker
- 0.035% / 0.015%
- Funding APR(1h)
- +5.52%
- OI
- $1.45M
- 24h Vol
- $1.26M
SHORT
Gate.io(cex)
Gate.io(cex)- Mark Price
- $305.5400
- Exchange Ticker
- AAPLX_USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +10.95%
- OI
- $5.69M
- 24h Vol
- $5.27M
193 long / 193 short samples · 2 days · auto-refresh every 30s