AERO · Convergence Trade
Current Spread
updated 0s ago+0.172%higher than 43% of spread values(window 1D)
long $0.4991 · short $0.5000(long 4m / short 9m old)
market median $0.4968· long +0.5%· short +0.6%
Profit Calculator
Three scenarios: the current spread 0.17% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$17.23 | -$32.77 | -$82.77 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.99 | +$0.99 | +$0.99 |
| Net potential | -$1.78 | -$51.78 | -$101.78 |
Breakeven move 0.1901%·Tradeability: 0.9× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.20%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 275 samples
Current
+0.172%
43 pct
Median
+0.190%
Average
+0.186%
P25 → P75
+0.094% … +0.283%
Range
-1.050% … +1.175%
Std dev
±0.205%
Size$
chart range
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LONG
Binance Futures(cex)
Binance Futures(cex)- Mark Price
- $0.4991
- Exchange Ticker
- AEROUSDT
- Taker / Maker
- 5 / 2 bps
- Funding APR(4h)
- -27.98%
- OI
- $12.98M
- 24h Vol
- $39.95M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Backpack(cex)
Backpack(cex)- Mark Price
- $0.5000
- Exchange Ticker
- AERO_USDC_PERP
- Taker / Maker
- 5 / 2 bps
- Funding APR(1h)
- +59.02%
- OI
- $228.00K
- 24h Vol
- $228.11K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short247 long / 223 short samples · 2 days · auto-refresh every 30s