AMZN · Convergence Trade
Current Spread
updated 0s ago+0.032%higher than 95% of spread values(window 1D)
long $247.2000 · short $247.2800(long 16m / short 25m old)
market median $247.2400· long -0.0%· short +0.0%
Profit Calculator
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% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$3.24 | -$46.76 | -$96.76 |
| Round-trip fees | −$24.00 | −$24.00 | −$24.00 |
| Slippage(orderbook) | −$45.89 | −$45.89 | −$45.89 |
| Funding drag(est. 1h hold) | +$0.12 | +$0.12 | +$0.12 |
| Net potential | -$66.53 | -$116.53 | -$166.53 |
Breakeven move 0.6977%·Tradeability: 0.0× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.08%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 262 samples
Current
+0.032%
95 pct
Median
-0.073%
Average
-0.080%
P25 → P75
-0.125% … -0.032%
Range
-0.459% … +0.192%
Std dev
±0.080%
Size$
chart range
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LONG
Bitget(cex)
Bitget(cex)- Mark Price
- $247.2000
- Exchange Ticker
- AMZNUSDT
- Taker / Maker
- 6 / 2 bps
- Funding APR(8h)
- +0.00%
- OI
- $5.11M
- 24h Vol
- $5.23M
SHORT
KuCoin(cex)
KuCoin(cex)- Mark Price
- $247.2800
- Exchange Ticker
- AMZNUSDTM
- Taker / Maker
- 6 / 2 bps
- Funding APR(8h)
- +10.95%
- OI
- $4.44M
- 24h Vol
- $120.34K
210 long / 217 short samples · 2 days · auto-refresh every 30s