BTC · Convergence Trade
Current Spread (mark)
updated 59s ago+0.231%higher than 100% of spread values(window 1D)
long $62,814 · short $62,959.2
Entry Spread (order book)-0.028%on $10,000
long $62,899 · short $62,881.67(average execution prices, not mark)
market median $62,833.6· long -0.0%· short +0.2%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Three scenarios: the current spread 0.23% 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 | +$23.12 | -$26.88 | -$76.88 |
| Round-trip fees | −$15.00 | −$15.00 | −$15.00 |
| Slippage(orderbook) | −$0.48 | −$0.48 | −$0.48 |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | +$7.64 | -$42.36 | -$92.36 |
Breakeven move 0.1548%·Tradeability: 1.5× round-trip cost · marginal — barely covers costs
⏱ Hold time (estimated from history)
~12mintypical time to exit(usually ~12min–~12min)
Exit target: spread compresses to the median 0.04% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 3 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
+0.231%
100 pct
Median
-0.026%
Average
-0.019%
P25 → P75
-0.053% … +0.019%
Range
-0.408% … +0.234%
Std dev
±0.067%
tf
LONG
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $62,814
- Exchange Ticker
- BTC
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.96%
- OI
- $2390.03M
- 24h Vol
- $7102.01M
SHORT
WOOFi Pro(dex)
WOOFi Pro(dex)- Mark Price
- $62,959.2
- Exchange Ticker
- PERP_BTC_USDC
- Taker / Maker
- 0.03% / 0%
- Funding APR(8h)
- +10.96%
- OI
- $12.62M
- 24h Vol
- $13.17M
285 long / 285 short samples · 2 days · auto-refresh every 30s