ASTER · Convergence Trade
Current Spread (mark)
updated 1m ago+0.282%higher than 97% of spread values(window 1D)
long $0.6379 · short $0.6397(long 11s / short 1m old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $0.6383· long -0.1%· short +0.2%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Slippage is not in these figures yet — the order book is still loading. Breakeven is understated and tradeability overstated until it arrives; wait for the refresh before judging the trade.
Three scenarios: the current spread 0.28% 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 | +$28.22 | -$21.78 | -$71.78 |
| Round-trip fees | −$8.00 | −$8.00 | −$8.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.37 | +$0.37 | +$0.37 |
| Net potential | +$13.55 | -$36.45 | -$86.45 |
Breakeven move 0.1467%·Tradeability: 1.9× round-trip cost · marginal — barely covers costs
⏱ Hold time (estimated from history)
~6mintypical time to exit(usually ~6min–~12min)
Exit target: spread compresses to the median 0.16% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 13 comparable episodes over 1D. Check the position roughly every ~1h.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 284 samples
Current
+0.282%
97 pct
Median
+0.161%
Average
+0.158%
P25 → P75
+0.125% … +0.188%
Range
-0.107% … +0.790%
Std dev
±0.080%
tf
LONG
Lighter(dex)
- Mark Price
- $0.6379
- Exchange Ticker
- ASTER-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +10.52%
- OI
- $623.73K
- 24h Vol
- $149.85K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Aster(dex)
- Mark Price
- $0.6397
- Exchange Ticker
- ASTERUSDT
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(4h)
- +42.54%
- OI
- $108.87M
- 24h Vol
- $43.56M
284 long / 282 short samples · 2 days · auto-refresh every 30s