ADA · Convergence Trade
Current Spread (mark)
updated 36s ago+0.119%higher than 54% of spread values(window 1D)
long $0.1934 · short $0.1936
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $0.1936· long -0.1%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.12%, but entry and exit cost 0.21% 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 0.12% 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 | +$11.89 | -$38.11 | -$88.11 |
| Round-trip fees | −$21.00 | −$21.00 | −$21.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.15 | +$0.15 | +$0.15 |
| Net potential | -$8.96 | -$58.96 | -$108.96 |
Breakeven move 0.2085%·Tradeability: 0.6× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.11%) — 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
+0.119%
54 pct
Median
+0.114%
Average
+0.114%
P25 → P75
+0.073% … +0.145%
Range
-0.062% … +0.311%
Std dev
±0.058%
tf
LONG
Decibel(dex)
Decibel(dex)- Mark Price
- $0.1934
- Exchange Ticker
- ADA/USD
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.96%
- OI
- $61.90K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
BloFin(cex)
BloFin(cex)- Mark Price
- $0.1936
- Exchange Ticker
- ADA-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +24.11%
- OI
- $3.38M
- 24h Vol
- $536.41K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short280 long / 283 short samples · 2 days · auto-refresh every 30s