ADA · Convergence Trade
Current Spread (mark)
updated 1m ago+0.013%higher than 72% of spread values(window 1D)
long $0.1635 · short $0.1635(long 1m / short 57s old)
Entry Spread (order book)-0.237%on $10,000
long $0.1634 · short $0.1630(average execution prices, not mark)
market median $0.1633· long +0.1%· short +0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.01%, but entry and exit cost 0.33% 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 | +$1.25 | -$48.75 | -$98.75 |
| Round-trip fees | −$18.00 | −$18.00 | −$18.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.17 | −$0.17 | −$0.17 |
| Net potential | -$31.69 | -$81.69 | -$131.69 |
Breakeven move 0.3294%·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
+0.013%
72 pct
Median
-0.022%
Average
-0.033%
P25 → P75
-0.086% … +0.019%
Range
-0.406% … +0.180%
Std dev
±0.082%
tf
LONG
HTX(cex)
HTX(cex)- Mark Price
- $0.1635
- Exchange Ticker
- ADA-USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +10.96%
- OI
- $878.85K
- 24h Vol
- $4.38M
SHORT
Aster(dex)
Aster(dex)- Mark Price
- $0.1635
- Exchange Ticker
- ADAUSDT
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(8h)
- -3.57%
- OI
- $703.84K
- 24h Vol
- $803.74K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short281 long / 282 short samples · 2 days · auto-refresh every 30s