ASTER · Convergence Trade
Current Spread (mark)
updated 38s ago+0.013%higher than 57% of spread values(window 1D)
long $0.6382 · short $0.6383
Entry Spread (order book)-0.064%on $10,000
long $0.6381 · short $0.6377(average execution prices, not mark)
market median $0.6383· long -0.0%· short -0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.01%, but entry and exit cost 0.29% of the position. The trade is a loss at entry regardless of how the spread moves afterwards. Reduce the size, or pick another pair.
Three scenarios: the current spread 0.01% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.50% | 1.00% |
|---|---|---|---|
| Gross profit | +$1.25 | -$48.75 | -$98.75 |
| Round-trip fees | −$21.00 | −$21.00 | −$21.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.24 | −$0.24 | −$0.24 |
| Net potential | -$27.56 | -$77.56 | -$127.56 |
Breakeven move 0.2881%·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 0.03%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 285 samples
Current
+0.013%
57 pct
Median
+0.008%
Average
+0.007%
P25 → P75
-0.023% … +0.038%
Range
-0.845% … +0.305%
Std dev
±0.084%
tf
LONG
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $0.6382
- Exchange Ticker
- ASTER
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +0.41%
- OI
- $17.80M
- 24h Vol
- $4.02M
SHORT
BloFin(cex)
BloFin(cex)- Mark Price
- $0.6383
- Exchange Ticker
- ASTER-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -20.96%
- OI
- $3.30M
- 24h Vol
- $433.91K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short285 long / 285 short samples · 2 days · auto-refresh every 30s