BTC · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 1m old+0.095%higher than 95% of spread values(window 1D)
long $77,083 · short $77,155.92(long 58s / short 1m old)
Entry Spread (order book)+0.013%on $10,000
long $77,078 · short $77,087.7(average execution prices, not mark)
market median $77,083· long +0.0%· short +0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.09%, but entry and exit cost 0.17% 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 0.09% 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 | +$9.46 | -$40.54 | -$90.54 |
| Round-trip fees | −$17.00 | −$17.00 | −$17.00 |
| Slippage(orderbook) | −$0.14 | −$0.14 | −$0.14 |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | -$7.68 | -$57.68 | -$107.68 |
Breakeven move 0.1714%·Tradeability: 0.6× 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 0.03% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 28 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 · 283 samples
Current
+0.095%
95 pct
Median
-0.001%
Average
-0.001%
P25 → P75
-0.030% … +0.035%
Range
-0.679% … +0.626%
Std dev
±0.100%
tf
LONG
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $77,083
- Exchange Ticker
- BTC
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.96%
- OI
- $3154.41M
- 24h Vol
- $6653.81M
SHORT
Aster(dex)
Aster(dex)- Mark Price
- $77,155.92
- Exchange Ticker
- BTCUSDT
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(8h)
- +10.96%
- OI
- $493.99M
- 24h Vol
- $944.66M
283 long / 270 short samples · 2 days · auto-refresh every 30s