ADA · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 12m old+0.238%higher than 95% of spread values(window 1D)
long $0.1929 · short $0.1934(long 12m / short 9s old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $0.1935· long -0.3%· short -0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Slippage is not in these figures yet — the order book is still loading. Breakeven is understated and tradeability overstated until it arrives; wait for the refresh before judging the trade.
Three scenarios: the current spread 0.24% 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 | +$23.84 | -$26.16 | -$76.16 |
| Round-trip fees | −$19.00 | −$19.00 | −$19.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.33 | +$0.33 | +$0.33 |
| Net potential | +$0.00 | -$50.00 | -$100.00 |
Breakeven move 0.2384%·Tradeability: 1.0× round-trip cost · marginal — barely covers costs
⏱ Hold time (estimated from history)
~36mintypical time to exit(usually ~12min–~42min)
Exit target: spread compresses to the median 0.14% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 23 comparable episodes over 1D. Check the position roughly every ~1h.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 282 samples
Current
+0.238%
95 pct
Median
-0.072%
Average
-0.085%
P25 → P75
-0.232% … +0.036%
Range
-0.579% … +0.639%
Std dev
±0.213%
tf
LONG
Phoenix(dex)
Phoenix(dex)- Mark Price
- $0.1929
- Exchange Ticker
- ADA
- Taker / Maker
- 0.035% / 0.005%
- Funding APR(1h)
- -4.54%
- OI
- $40.30K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
BloFin(cex)
BloFin(cex)- Mark Price
- $0.1934
- Exchange Ticker
- ADA-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +24.11%
- OI
- $3.39M
- 24h Vol
- $528.24K
152 long / 282 short samples · 2 days · auto-refresh every 30s