AMZN · Convergence Trade
Current Spread (mark)
updated 0s ago+0.116%higher than 29% of spread values(window 7D)
long $259.7000 · short $260.0000(long 1m / short 6m old)
Entry Spread (order book)+0.136%on $10,000
long $259.6472 · short $260.0000(average execution prices, not mark)
market median $259.9600· long -0.1%· short +0.0%
Profit Calculator
Three scenarios: the current spread 0.12% 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 | +$11.55 | -$38.45 | -$88.45 |
| Round-trip fees | −$19.00 | −$19.00 | −$19.00 |
| Slippage(orderbook) | −$6.24 | −$6.24 | −$6.24 |
| Funding drag(est. 1h hold) | −$0.06 | −$0.06 | −$0.06 |
| Net potential | -$13.75 | -$63.75 | -$113.75 |
Breakeven move 0.2530%·Tradeability: 0.5× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.15%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 7d · 1,887 samples
Current
+0.116%
29 pct
Median
+0.148%
Average
+0.135%
P25 → P75
+0.103% … +0.169%
Range
-0.154% … +0.498%
Std dev
±0.058%
Size$
chart range
Loading Mark Prices…
Loading Price Spread…
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
- $259.7000
- Exchange Ticker
- AMZN-USD.P
- Taker / Maker
- 0.035% / 0.015%
- Funding APR(1h)
- +5.52%
- OI
- $1.29M
- 24h Vol
- $562.86K
SHORT
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $260.0000
- Exchange Ticker
- AMZNUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +0.53%
- OI
- $2.61M
1605 long / 1573 short samples · 8 days · auto-refresh every 30s