BTC · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 4m old+0.108%higher than 55% of spread values(window 1D)
long $80,488.08 · short $80,575.36(long 4m / short 55s old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $80,592.17· long -0.1%· short -0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Three scenarios: the current spread 0.11% 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 | +$10.84 | -$39.16 | -$89.16 |
| Round-trip fees | −$6.50 | −$6.50 | −$6.50 |
| Slippage(orderbook) | −$2.33 | −$2.33 | −$2.33 |
| Funding drag(est. 1h hold) | −$0.01 | −$0.01 | −$0.01 |
| Net potential | +$2.00 | -$48.00 | -$98.00 |
Breakeven move 0.0884%·Tradeability: 1.2× round-trip cost · marginal — barely covers costs
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.11%) — 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
+0.108%
55 pct
Median
+0.106%
Average
+0.104%
P25 → P75
+0.089% … +0.122%
Range
-0.176% … +0.538%
Std dev
±0.044%
tf
LONG
Extended(dex)
Extended(dex)- Mark Price
- $80,488.08
- Exchange Ticker
- BTC-USD
- Taker / Maker
- 0.025% / 0%
- Funding APR(1h)
- +11.40%
- OI
- $24.06M
- 24h Vol
- $93.64M
SHORT
Paradex(dex)
Paradex(dex)- Mark Price
- $80,575.36
- Exchange Ticker
- BTC-USD-PERP
- Taker / Maker
- 0.0075% / 0%
- Funding APR(8h)
- +10.56%
- OI
- $3.24M
- 24h Vol
- $2.53M
284 long / 284 short samples · 2 days · auto-refresh every 30s