AVAX · Convergence Trade
Current Spread (mark)
updated 1m ago+0.129%higher than 70% of spread values(window 1D)
long $7.9757 · short $7.9860(long 10s / short 1m old)
Entry Spread (order book)-0.158%on $10,000
long $7.9922 · short $7.9795(average execution prices, not mark)
market median $7.9835· long -0.1%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.13%, but entry and exit cost 0.20% 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 0.13% 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 | +$12.86 | -$37.14 | -$87.14 |
| Round-trip fees | −$10.00 | −$10.00 | −$10.00 |
| Slippage(orderbook) | −$9.63 | −$9.63 | −$9.63 |
| Funding drag(est. 1h hold) | +$0.11 | +$0.11 | +$0.11 |
| Net potential | -$6.66 | -$56.66 | -$106.66 |
Breakeven move 0.1952%·Tradeability: 0.7× 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 0.10% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 58 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 · 282 samples
Current
+0.129%
70 pct
Median
+0.092%
Average
+0.093%
P25 → P75
+0.052% … +0.137%
Range
-0.523% … +0.585%
Std dev
±0.096%
tf
LONG
Variational(dex)
Variational(dex)- Mark Price
- $7.9757
- Exchange Ticker
- AVAX
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- -17.74%
- OI
- $1.90M
- 24h Vol
- $1.01M
SHORT
Pionex(cex)
Pionex(cex)- Mark Price
- $7.9860
- Exchange Ticker
- AVAX_USDT_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- -7.70%
- OI
- $813.39K
- 24h Vol
- $1.99M
282 long / 281 short samples · 2 days · auto-refresh every 30s