AMZN · Convergence Trade
Current Spread (mark)
updated 1s ago+0.139%higher than 23% of spread values(window 1D)
long $261.2858 · short $261.6500(long 36s / short 6m old)
Entry Spread (order book)+0.085%on $10,000
long $261.3810 · short $261.6038(average execution prices, not mark)
market median $261.6000· long -0.1%· short +0.0%
Profit Calculator
Three scenarios: the current spread 0.14% 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 | +$13.94 | -$36.06 | -$86.06 |
| Round-trip fees | −$19.00 | −$19.00 | −$19.00 |
| Slippage(orderbook) | −$8.29 | −$8.29 | −$8.29 |
| Funding drag(est. 1h hold) | −$0.06 | −$0.06 | −$0.06 |
| Net potential | -$13.41 | -$63.41 | -$113.41 |
Breakeven move 0.2735%·Tradeability: 0.5× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.17%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 232 samples
Current
+0.139%
23 pct
Median
+0.166%
Average
+0.160%
P25 → P75
+0.145% … +0.183%
Range
-0.033% … +0.498%
Std dev
±0.055%
Size$
chart range
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Live spread — order book
on size $10,000Collecting live order-book data…
Rebuilt from stored order books (last 3h) and updated every ~15s while the page is open. IN is the spread to open the position, OUT is the spread to close it; positive means the trade works in your favour. Both are walked for your position size, so they already include what depth costs you.
LONG
Ondo(dex)
Ondo(dex)- Mark Price
- $261.2858
- Exchange Ticker
- AMZN-USD.P
- Taker / Maker
- 0.035% / 0.015%
- Funding APR(1h)
- +5.52%
- OI
- $1.28M
- 24h Vol
- $581.58K
SHORT
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $261.6500
- Exchange Ticker
- AMZNUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +0.50%
- OI
- $2.63M
195 long / 192 short samples · 2 days · auto-refresh every 30s