AVAX · Convergence Trade
Current Spread (mark)
updated 1m ago+0.047%higher than 21% of spread values(window 1D)
long $7.9912 · short $7.9950(long 52s / short 1m old)
Entry Spread (order book)-0.075%on $10,000
long $7.9899 · short $7.9839(average execution prices, not mark)
market median $7.9905· long +0.0%· short +0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.05%, 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 0.05% 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 | +$4.74 | -$45.26 | -$95.26 |
| Round-trip fees | −$8.00 | −$8.00 | −$8.00 |
| Slippage(orderbook) | −$20.19 | −$20.19 | −$20.19 |
| Funding drag(est. 1h hold) | +$0.07 | +$0.07 | +$0.07 |
| Net potential | -$23.38 | -$73.38 | -$123.38 |
Breakeven move 0.2812%·Tradeability: 0.2× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.10%) — 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
+0.047%
21 pct
Median
+0.095%
Average
+0.097%
P25 → P75
+0.055% … +0.137%
Range
-0.376% … +0.447%
Std dev
±0.090%
tf
LONG
Variational(dex)
Variational(dex)- Mark Price
- $7.9912
- Exchange Ticker
- AVAX
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- -17.39%
- OI
- $1.91M
- 24h Vol
- $1.01M
SHORT
Aster(dex)
Aster(dex)- Mark Price
- $7.9950
- Exchange Ticker
- AVAXUSDT
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(8h)
- -11.27%
- OI
- $1.76M
- 24h Vol
- $562.19K
284 long / 282 short samples · 2 days · auto-refresh every 30s