ADA · Convergence Trade
Current Spread (mark)
updated 1m ago+0.049%higher than 24% of spread values(window 1D)
long $0.1639 · short $0.1640(long 30s / short 1m old)
Entry Spread (order book)-3.133%on $10,000
long $0.1691 · short $0.1638(average execution prices, not mark)
market median $0.1640· long -0.0%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.05%, but entry and exit cost 0.27% 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 | +$4.88 | -$45.12 | -$95.12 |
| Round-trip fees | −$21.00 | −$21.00 | −$21.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.11 | +$0.11 | +$0.11 |
| Net potential | -$22.11 | -$72.11 | -$122.11 |
Breakeven move 0.2699%·Tradeability: 0.2× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.15%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 285 samples
Current
+0.049%
24 pct
Median
+0.152%
Average
+0.137%
P25 → P75
+0.054% … +0.211%
Range
-0.624% … +0.902%
Std dev
±0.157%
tf
LONG
Decibel(dex)
Decibel(dex)- Mark Price
- $0.1639
- Exchange Ticker
- ADA/USD
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.96%
- OI
- $82.57K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Bitunix(cex)
Bitunix(cex)- Mark Price
- $0.1640
- Exchange Ticker
- ADAUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +20.40%
- 24h Vol
- $10.95M
282 long / 284 short samples · 2 days · auto-refresh every 30s