CRV · Convergence Trade
Sparse data (16% of expected samples) — statistics may be unreliable
Forward-fill used for gaps in mark-price history. Smaller window or current spread reading more trustworthy than long-range stats.
Profit Calculator
Slippage is not in these figures yet — the order book is still loading. Breakeven is understated and tradeability overstated until it arrives; wait for the refresh before judging the trade.
Three scenarios: the current spread 0.40% 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 | +$40.41 | -$9.59 | -$59.59 |
| Round-trip fees | −$17.00 | −$17.00 | −$17.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$1.15 | +$1.15 | +$1.15 |
| Net potential | +$0.21 | -$49.79 | -$99.79 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.48%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 277 samples
Live spread — order book
on size $10,000Rebuilt 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.
Coinbase International(cex)- Mark Price
- $0.3514
- Exchange Ticker
- CRV-PERP
- Taker / Maker
- 0.04% / 0.02%
- Funding APR(1h)
- -89.41%
- OI
- $656.02K
- 24h Vol
- $2.59M
Hyperliquid(dex)- Mark Price
- $0.3528
- Exchange Ticker
- CRV
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.96%
- OI
- $10.93M
- 24h Vol
- $10.51M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short46 long / 277 short samples · 2 days · auto-refresh every 30s