AAVE · Convergence Trade
Current Spread (mark)
updated 47s ago+0.009%higher than 55% of spread values(window 1D)
long $107.0000 · short $107.0100
Entry Spread (order book)-0.029%on $10,000
long $107.0179 · short $106.9872(average execution prices, not mark)
market median $107.0500· long -0.0%· short -0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.01%, but entry and exit cost 0.24% 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 0.01% 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 | +$0.93 | -$49.07 | -$99.07 |
| Round-trip fees | −$19.00 | −$19.00 | −$19.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.04 | +$0.04 | +$0.04 |
| Net potential | -$22.86 | -$72.86 | -$122.86 |
Breakeven move 0.2379%·Tradeability: 0.0× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.04%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 284 samples
Current
+0.009%
55 pct
Median
+0.008%
Average
+0.007%
P25 → P75
-0.028% … +0.036%
Range
-0.654% … +0.322%
Std dev
±0.081%
tf
LONG
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $107.0000
- Exchange Ticker
- AAVE
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +3.88%
- OI
- $40.14M
- 24h Vol
- $7.23M
SHORT
Pionex(cex)
Pionex(cex)- Mark Price
- $107.0100
- Exchange Ticker
- AAVE_USDT_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +7.16%
- OI
- $727.33K
- 24h Vol
- $3.75M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short284 long / 283 short samples · 2 days · auto-refresh every 30s