BTC · Convergence Trade
Current Spread (mark)
updated 38s ago+0.079%higher than 76% of spread values(window 1D)
long $67,332.9 · short $67,386.38
Entry Spread (order book)+0.072%on $10,000
long $67,336.52 · short $67,385.28(average execution prices, not mark)
market median $67,375.3· long -0.1%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.08%, but entry and exit cost 0.21% 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 0.08% 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 | +$7.94 | -$42.06 | -$92.06 |
| Round-trip fees | −$19.00 | −$19.00 | −$19.00 |
| Slippage(orderbook) | −$1.83 | −$1.83 | −$1.83 |
| Funding drag(est. 1h hold) | +$0.30 | +$0.30 | +$0.30 |
| Net potential | -$12.59 | -$62.59 | -$112.59 |
Breakeven move 0.2053%·Tradeability: 0.4× 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 0.06% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 62 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
+0.079%
76 pct
Median
+0.061%
Average
+0.061%
P25 → P75
+0.042% … +0.078%
Range
-0.160% … +0.283%
Std dev
±0.044%
tf
LONG
Crypto.com(cex)
Crypto.com(cex)- Mark Price
- $67,332.9
- Exchange Ticker
- BTCUSD-PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- -3.92%
- OI
- $414.50M
- 24h Vol
- $577.88M
SHORT
Hibachi(dex)
Hibachi(dex)- Mark Price
- $67,386.38
- Exchange Ticker
- BTC/USDT-P
- Taker / Maker
- 0.045% / 0%
- Funding APR(1h)
- +22.79%
- OI
- $556.36K
- 24h Vol
- $3.01M
283 long / 285 short samples · 2 days · auto-refresh every 30s