AVAX · Convergence Trade
Current Spread (mark)
updated 35s ago+0.060%higher than 86% of spread values(window 1D)
long $7.9972 · short $8.0020
Entry Spread (order book)-0.045%on $10,000
long $8.0046 · short $8.0010(average execution prices, not mark)
market median $7.9982· long -0.0%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.06%, 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 0.06% 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 | +$6.00 | -$44.00 | -$94.00 |
| Round-trip fees | −$25.00 | −$25.00 | −$25.00 |
| Slippage(orderbook) | −$4.35 | −$4.35 | −$4.35 |
| Funding drag(est. 1h hold) | −$0.07 | −$0.07 | −$0.07 |
| Net potential | -$23.42 | -$73.42 | -$123.42 |
Breakeven move 0.2942%·Tradeability: 0.2× 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 0.03% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 64 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 · 285 samples
Current
+0.060%
86 pct
Median
-0.005%
Average
-0.005%
P25 → P75
-0.041% … +0.022%
Range
-0.407% … +0.363%
Std dev
±0.091%
tf
LONG
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $7.9972
- Exchange Ticker
- AVAX
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- -7.58%
- OI
- $25.17M
- 24h Vol
- $13.64M
SHORT
WEEX(cex)
WEEX(cex)- Mark Price
- $8.0020
- Exchange Ticker
- AVAXUSDT
- Taker / Maker
- 0.08% / 0.02%
- Funding APR(8h)
- -13.83%
- OI
- $179.50M
- 24h Vol
- $66.30M
285 long / 284 short samples · 2 days · auto-refresh every 30s