ADA · Convergence Trade
Current Spread (mark)
updated 35s ago+0.000%higher than 52% of spread values(window 1D)
long $0.1634 · short $0.1634
Entry Spread (order book)-0.070%on $10,000
long $0.1634 · short $0.1633(average execution prices, not mark)
market median $0.1634· long +0.0%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.00%, but entry and exit cost 0.24% 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 0.00% 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 | +$0.00 | -$50.00 | -$100.00 |
| 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 | -$23.95 | -$73.95 | -$123.95 |
Breakeven move 0.2395%·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 0.04%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 284 samples
Current
+0.000%
52 pct
Median
+0.000%
Average
+0.008%
P25 → P75
-0.031% … +0.055%
Range
-0.274% … +0.867%
Std dev
±0.086%
tf
LONG
Pionex(cex)
Pionex(cex)- Mark Price
- $0.1634
- Exchange Ticker
- ADA_USDT_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- -19.19%
- OI
- $3.09M
- 24h Vol
- $10.90M
SHORT
Aster(dex)
Aster(dex)- Mark Price
- $0.1634
- Exchange Ticker
- ADAUSDT
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(8h)
- -4.35%
- OI
- $695.15K
- 24h Vol
- $795.66K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short283 long / 282 short samples · 2 days · auto-refresh every 30s