BTC · Convergence Trade
Current Spread (mark)
updated 32s ago+0.128%higher than 40% of spread values(window 1D)
long $77,883.06 · short $77,982.38
Entry Spread (order book)+0.110%on $10,000
long $77,891.48 · short $77,977.14(average execution prices, not mark)
market median $77,960.25· long -0.1%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Three scenarios: the current spread 0.13% 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 | +$12.75 | -$37.25 | -$87.25 |
| Round-trip fees | −$8.00 | −$8.00 | −$8.00 |
| Slippage(orderbook) | −$3.67 | −$3.67 | −$3.67 |
| Funding drag(est. 1h hold) | +$0.88 | +$0.88 | +$0.88 |
| Net potential | +$1.96 | -$48.04 | -$98.04 |
Breakeven move 0.1079%·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 0.13%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 285 samples
Current
+0.128%
40 pct
Median
+0.131%
Average
+0.131%
P25 → P75
+0.120% … +0.140%
Range
+0.037% … +0.271%
Std dev
±0.024%
tf
LONG
Variational(dex)
Variational(dex)- Mark Price
- $77,883.06
- Exchange Ticker
- BTC
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- +10.96%
- OI
- $196.66M
- 24h Vol
- $248.40M
SHORT
Bullet(dex)
Bullet(dex)- Mark Price
- $77,982.38
- Exchange Ticker
- BTC-USD
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(1h)
- +87.66%
- OI
- $1.25M
- 24h Vol
- $3.93M
285 long / 285 short samples · 2 days · auto-refresh every 30s