AAVE · Convergence Trade
Current Spread (mark)
updated 46s ago+0.019%higher than 66% of spread values(window 1D)
long $107.2300 · short $107.2500
Entry Spread (order book)-0.073%on $10,000
long $107.2721 · short $107.1936(average execution prices, not mark)
market median $107.2400· long -0.0%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.02%, but entry and exit cost 0.36% 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 0.02% 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 | +$1.87 | -$48.13 | -$98.13 |
| Round-trip fees | −$21.00 | −$21.00 | −$21.00 |
| Slippage(orderbook) | −$15.12 | −$15.12 | −$15.12 |
| Funding drag(est. 1h hold) | +$0.03 | +$0.03 | +$0.03 |
| Net potential | -$34.22 | -$84.22 | -$134.22 |
Breakeven move 0.3609%·Tradeability: 0.1× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.02%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 283 samples
Current
+0.019%
66 pct
Median
+0.004%
Average
+0.008%
P25 → P75
-0.018% … +0.028%
Range
-0.220% … +0.184%
Std dev
±0.043%
tf
LONG
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $107.2300
- Exchange Ticker
- AAVE
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +8.52%
- OI
- $40.25M
- 24h Vol
- $7.17M
SHORT
Phemex(cex)
Phemex(cex)- Mark Price
- $107.2500
- Exchange Ticker
- AAVEUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(8h)
- +10.96%
- OI
- $3.00M
- 24h Vol
- $3.33M
283 long / 283 short samples · 2 days · auto-refresh every 30s