COIN · Convergence Trade
Current Spread (mark)
updated 1s ago+0.151%higher than 43% of spread values(window 7D)
long $150.7500 · short $150.9772(long 1m / short 1m old)
Entry Spread (order book)+0.107%on $10,000
long $150.7188 · short $150.8800(average execution prices, not mark)
market median $151.2250· long -0.3%· short -0.2%
Profit Calculator
Three scenarios: the current spread 0.15% 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 | +$15.07 | -$34.93 | -$84.93 |
| Round-trip fees | −$17.00 | −$17.00 | −$17.00 |
| Slippage(orderbook) | −$11.85 | −$11.85 | −$11.85 |
| Funding drag(est. 1h hold) | −$0.04 | −$0.04 | −$0.04 |
| Net potential | -$13.82 | -$63.82 | -$113.82 |
Breakeven move 0.2889%·Tradeability: 0.5× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.16%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 7d · 1,969 samples
Current
+0.151%
43 pct
Median
+0.160%
Average
+0.160%
P25 → P75
+0.129% … +0.187%
Range
-0.628% … +0.977%
Std dev
±0.080%
Size$
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
- $150.7500
- Exchange Ticker
- COIN-USD.P
- Taker / Maker
- 0.035% / 0.015%
- Funding APR(1h)
- +5.52%
- OI
- $687.91K
- 24h Vol
- $824.50K
SHORT
Pionex(cex)
Pionex(cex)- Mark Price
- $150.9772
- Exchange Ticker
- COINX_USDT_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +1.90%
- OI
- $436.12K
- 24h Vol
- $578.36K
1606 long / 1967 short samples · 8 days · auto-refresh every 30s