ADA · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 2m old+0.033%higher than 56% of spread values(window 1D)
long $0.2207 · short $0.2208(long 26s / short 2m old)
Entry Spread (order book)+0.000%on $10,000
long $0.2208 · short $0.2208(average execution prices, not mark)
market median $0.2211· long -0.2%· short -0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.03%, but entry and exit cost 0.14% 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 0.03% 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 | +$3.34 | -$46.66 | -$96.66 |
| Round-trip fees | −$14.00 | −$14.00 | −$14.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.24 | +$0.24 | +$0.24 |
| Net potential | -$10.42 | -$60.42 | -$110.42 |
Breakeven move 0.1376%·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 0.04%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 283 samples
Current
+0.033%
56 pct
Median
+0.032%
Average
+0.041%
P25 → P75
-0.012% … +0.076%
Range
-0.339% … +0.633%
Std dev
±0.107%
tf
LONG
TxFlow(dex)
- Mark Price
- $0.2207
- Exchange Ticker
- ADA
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- -9.72%
- OI
- $9.68K
- 24h Vol
- $132.40K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Extended(dex)
- Mark Price
- $0.2208
- Exchange Ticker
- ADA-USD
- Taker / Maker
- 0.025% / 0%
- Funding APR(1h)
- +11.40%
- OI
- $315.24K
- 24h Vol
- $281.52K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short283 long / 272 short samples · 1 day · auto-refresh every 30s