AAVE · Convergence Trade
Current Spread (mark)
updated 1m ago+0.055%higher than 90% of spread values(window 1D)
long $125.9640 · short $126.0330(long 8s / short 1m old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $126.1400· long -0.1%· short -0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.05%, but entry and exit cost 1.20% 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 0.05% 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 | +$5.48 | -$44.52 | -$94.52 |
| Round-trip fees | −$10.00 | −$10.00 | −$10.00 |
| Slippage(orderbook) | −$110.50 | −$110.50 | −$110.50 |
| Funding drag(est. 1h hold) | +$0.35 | +$0.35 | +$0.35 |
| Net potential | -$114.67 | -$164.67 | -$214.67 |
Breakeven move 1.2015%·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 0.05%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 282 samples
Current
+0.055%
90 pct
Median
-0.032%
Average
-0.042%
P25 → P75
-0.086% … +0.009%
Range
-0.317% … +0.150%
Std dev
±0.081%
tf
LONG
Lighter(dex)
Lighter(dex)- Mark Price
- $125.9640
- Exchange Ticker
- AAVE-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- -14.90%
- OI
- $5.68M
- 24h Vol
- $5.33M
SHORT
Crypto.com(cex)
Crypto.com(cex)- Mark Price
- $126.0330
- Exchange Ticker
- AAVEUSD-PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- +15.65%
- OI
- $33.35K
- 24h Vol
- $25.02K
282 long / 282 short samples · 2 days · auto-refresh every 30s