APP · Convergence Trade
Sparse data (6% 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 0.14% 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 | +$14.09 | -$35.91 | -$85.91 |
| Round-trip fees | −$28.00 | −$28.00 | −$28.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.34 | −$0.34 | −$0.34 |
| Net potential | -$14.25 | -$64.25 | -$114.25 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.40%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 7d · 365 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.
- Mark Price
- $312.2700
- Exchange Ticker
- APPUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +19.16%
- OI
- $795.71K
- 24h Vol
- $190.70K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $312.7100
- Exchange Ticker
- APPUSDT
- Taker / Maker
- 0.08% / 0.02%
- Funding APR(8h)
- -10.24%
- OI
- $8.58M
- 24h Vol
- $205.04K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short129 long / 359 short samples · 2 days · auto-refresh every 30s