BTC · Convergence Trade
Current Spread (mark)
updated 34s ago+0.093%higher than 75% of spread values(window 1D)
long $67,239.15 · short $67,301.52
Entry Spread (order book)+0.106%on $10,000
long $67,239.2 · short $67,310.52(average execution prices, not mark)
market median $67,284.55· long -0.1%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.09%, but entry and exit cost 0.18% 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 | +$9.28 | -$40.72 | -$90.72 |
| Round-trip fees | −$15.00 | −$15.00 | −$15.00 |
| Slippage(orderbook) | −$3.50 | −$3.50 | −$3.50 |
| Funding drag(est. 1h hold) | +$0.55 | +$0.55 | +$0.55 |
| Net potential | -$8.67 | -$58.67 | -$108.67 |
Breakeven move 0.1795%·Tradeability: 0.5× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~6mintypical 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
+0.093%
75 pct
Median
+0.053%
Average
+0.053%
P25 → P75
+0.024% … +0.092%
Range
-0.891% … +0.356%
Std dev
±0.100%
tf
LONG
RiseX(dex)
RiseX(dex)- Mark Price
- $67,239.15
- Exchange Ticker
- BTC-PERP
- Taker / Maker
- 0.03% / 0.01%
- Funding APR(1h)
- -16.75%
- OI
- $8.96M
- 24h Vol
- $45.27M
SHORT
Hibachi(dex)
Hibachi(dex)- Mark Price
- $67,301.52
- Exchange Ticker
- BTC/USDT-P
- Taker / Maker
- 0.045% / 0%
- Funding APR(1h)
- +31.56%
- OI
- $571.15K
- 24h Vol
- $2.94M
285 long / 285 short samples · 2 days · auto-refresh every 30s