COIN · Convergence Trade
Current Spread (mark)
updated 0s ago+0.186%higher than 55% of spread values(window 1D)
long $150.4100 · short $150.6900(long 4m / short 5m old)
Entry Spread (order book)+0.083%on $10,000
long $150.4157 · short $150.5400(average execution prices, not mark)
market median $150.6750· long -0.2%· short +0.0%
Profit Calculator
Three scenarios: the current spread 0.19% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$18.62 | -$31.38 | -$81.38 |
| Round-trip fees | −$17.00 | −$17.00 | −$17.00 |
| Slippage(orderbook) | −$10.09 | −$10.09 | −$10.09 |
| Funding drag(est. 1h hold) | −$0.04 | −$0.04 | −$0.04 |
| Net potential | -$8.51 | -$58.51 | -$108.51 |
Breakeven move 0.2713%·Tradeability: 0.7× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.18%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 238 samples
Current
+0.186%
55 pct
Median
+0.179%
Average
+0.176%
P25 → P75
+0.134% … +0.211%
Range
-0.276% … +0.942%
Std dev
±0.096%
Size$
chart range
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Live spread — order book
on size $10,000Collecting live order-book data…
Rebuilt from stored order books (last 3h) and updated every ~15s while the page is open. IN is the spread to open the position, OUT is the spread to close it; positive means the trade works in your favour. Both are walked for your position size, so they already include what depth costs you.
LONG
Ondo(dex)
Ondo(dex)- Mark Price
- $150.4100
- Exchange Ticker
- COIN-USD.P
- Taker / Maker
- 0.035% / 0.015%
- Funding APR(1h)
- +5.52%
- OI
- $692.05K
- 24h Vol
- $902.23K
SHORT
Pionex(cex)
Pionex(cex)- Mark Price
- $150.6900
- Exchange Ticker
- COINX_USDT_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +1.90%
- OI
- $436.35K
- 24h Vol
- $606.97K
192 long / 232 short samples · 2 days · auto-refresh every 30s