AVAX · Convergence Trade
Current Spread (mark)
updated 21s ago+0.025%higher than 65% of spread values(window 1D)
long $7.9810 · short $7.9830
Entry Spread (order book)-0.126%on $10,000
long $7.9940 · short $7.9839(average execution prices, not mark)
market median $7.9895· long -0.1%· short -0.1%
Size per leg$= $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 0.31% 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 | +$2.51 | -$47.49 | -$97.49 |
| Round-trip fees | −$18.00 | −$18.00 | −$18.00 |
| Slippage(orderbook) | −$13.25 | −$13.25 | −$13.25 |
| Funding drag(est. 1h hold) | −$0.04 | −$0.04 | −$0.04 |
| Net potential | -$28.78 | -$78.78 | -$128.78 |
Breakeven move 0.3129%·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 · 283 samples
Current
+0.025%
65 pct
Median
+0.001%
Average
+0.004%
P25 → P75
-0.043% … +0.046%
Range
-0.267% … +0.936%
Std dev
±0.093%
tf
LONG
Pionex(cex)
Pionex(cex)- Mark Price
- $7.9810
- Exchange Ticker
- AVAX_USDT_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- -7.42%
- OI
- $805.69K
- 24h Vol
- $2.00M
SHORT
Aster(dex)
Aster(dex)- Mark Price
- $7.9830
- Exchange Ticker
- AVAXUSDT
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(8h)
- -11.30%
- OI
- $1.76M
- 24h Vol
- $562.55K
283 long / 282 short samples · 2 days · auto-refresh every 30s