APLD · Convergence Trade
Sparse data (34% of expected samples) — statistics may be unreliable
Forward-fill used for gaps in mark-price history. Smaller window or current spread reading more trustworthy than long-range stats.
Profit Calculator
Three scenarios: the current spread 0.83% 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 | +$82.54 | +$32.54 | -$17.46 |
| Round-trip fees | −$24.00 | −$24.00 | −$24.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.13 | +$0.13 | +$0.13 |
| Net potential | +$58.67 | +$8.67 | -$41.33 |
⏱ Hold time (estimated from history)
Over 1D the spread rarely converged to the median 0.36% (86% of episodes never did). The spread may be structural rather than mean-reverting — do not count on a quick exit; take profit on actual compression, not on a timer.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 157 samples
Live spread — order book
on size $10,000Rebuilt 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.
Toobit(cex)- Mark Price
- $31.5000
- Exchange Ticker
- APLD-SWAP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- -0.00%
- OI
- $104.58
- 24h Vol
- $139.25K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
KuCoin(cex)- Mark Price
- $31.7600
- Exchange Ticker
- APLDUSDTM
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +10.95%
- OI
- $239.36K
- 24h Vol
- $910.84K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short98 long / 89 short samples · 2 days · auto-refresh every 30s