AVAX · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 1m old+0.117%higher than 88% of spread values(window 1D)
long $8.7967 · short $8.8070(long 1m / short 1m old)
Entry Spread (order book)-0.318%on $10,000
long $8.8183 · short $8.7903(average execution prices, not mark)
market median $8.8081· long -0.1%· short -0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.12%, but entry and exit cost 1.03% 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 0.12% 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 | +$11.71 | -$38.29 | -$88.29 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(orderbook) | −$85.25 | −$85.25 | −$85.25 |
| Funding drag(est. 1h hold) | +$1.75 | +$1.75 | +$1.75 |
| Net potential | -$91.79 | -$141.79 | -$191.79 |
Breakeven move 1.0350%·Tradeability: 0.1× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~12mintypical time to exit(usually ~6min–~18min)
Exit target: spread compresses to the median 0.05% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 44 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
+0.117%
88 pct
Median
+0.016%
Average
+0.020%
P25 → P75
-0.030% … +0.076%
Range
-0.244% … +0.237%
Std dev
±0.083%
tf
LONG
HTX(cex)
HTX(cex)- Mark Price
- $8.7967
- Exchange Ticker
- AVAX-USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- -18.39%
- OI
- $289.25K
- 24h Vol
- $412.56K
SHORT
Crypto.com(cex)
Crypto.com(cex)- Mark Price
- $8.8070
- Exchange Ticker
- AVAXUSD-PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- +134.83%
- OI
- $391.62K
- 24h Vol
- $100.88K
284 long / 284 short samples · 2 days · auto-refresh every 30s