AMD · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 4m old+0.010%higher than 27% of spread values(window 1D)
long $523.2654 · short $523.3200(long 4m / short 2m old)
Entry Spread (order book)+0.021%on $10,000
long $523.2405 · short $523.3485(average execution prices, not mark)
market median $524.0300· long -0.1%· short -0.1%
Size per leg$= $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 0.10% 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 | +$1.04 | -$48.96 | -$98.96 |
| Round-trip fees | −$7.00 | −$7.00 | −$7.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.13 | −$0.13 | −$0.13 |
| Net potential | -$9.22 | -$59.22 | -$109.22 |
Breakeven move 0.1026%·Tradeability: 0.1× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.06%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 281 samples
Current
+0.010%
27 pct
Median
+0.049%
Average
+0.034%
P25 → P75
+0.002% … +0.080%
Range
-1.388% … +1.000%
Std dev
±0.172%
tf
LONG
Ondo(dex)
Ondo(dex)- Mark Price
- $523.2654
- Exchange Ticker
- AMD-USD.P
- Taker / Maker
- 0.035% / 0.015%
- Funding APR(1h)
- +5.52%
- OI
- $585.15K
- 24h Vol
- $5.58M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Lighter Robinhood(dex)
Lighter Robinhood(dex)- Mark Price
- $523.3200
- Exchange Ticker
- AMD-USDG
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- -6.14%
- OI
- $1.53M
- 24h Vol
- $6.66M
246 long / 259 short samples · 2 days · auto-refresh every 30s