AVAX · Convergence Trade
Current Spread (mark)
updated 16s ago+0.029%higher than 53% of spread values(window 1D)
long $7.9907 · short $7.9930
Entry Spread (order book)-1.186%on $10,000
long $8.0940 · short $7.9980(average execution prices, not mark)
market median $7.9970· long -0.1%· short -0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.03%, but entry and exit cost 0.28% 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 0.03% 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 | +$2.88 | -$47.12 | -$97.12 |
| Round-trip fees | −$10.00 | −$10.00 | −$10.00 |
| Slippage(orderbook) | −$18.29 | −$18.29 | −$18.29 |
| Funding drag(est. 1h hold) | +$0.05 | +$0.05 | +$0.05 |
| Net potential | -$25.36 | -$75.36 | -$125.36 |
Breakeven move 0.2824%·Tradeability: 0.1× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.04%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 284 samples
Current
+0.029%
53 pct
Median
+0.026%
Average
+0.025%
P25 → P75
-0.008% … +0.058%
Range
-0.338% … +0.214%
Std dev
±0.069%
tf
LONG
Lighter(dex)
Lighter(dex)- Mark Price
- $7.9907
- Exchange Ticker
- AVAX-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- -15.78%
- OI
- $2.89M
- 24h Vol
- $683.74K
SHORT
BingX(cex)
BingX(cex)- Mark Price
- $7.9930
- Exchange Ticker
- AVAX-USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- -11.18%
- OI
- $17.46M
- 24h Vol
- $21.86M
284 long / 283 short samples · 2 days · auto-refresh every 30s