CRV · Convergence Trade
Current Spread (mark)
updated 1m ago+0.115%higher than 41% of spread values(window 1D)
long $0.2256 · short $0.2259(long 1m / short 53s old)
Entry Spread (order book)+0.036%on $10,000
long $0.2255 · short $0.2256(average execution prices, not mark)
market median $0.2260· long -0.2%· short -0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit 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 0.12% 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 | +$11.52 | -$38.48 | -$88.48 |
| Round-trip fees | −$9.00 | −$9.00 | −$9.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | +$2.52 | -$47.48 | -$97.48 |
Breakeven move 0.0900%·Tradeability: 1.3× round-trip cost · marginal — barely covers costs
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.15%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 283 samples
Current
+0.115%
41 pct
Median
+0.141%
Average
+0.135%
P25 → P75
+0.048% … +0.234%
Range
-0.740% … +0.903%
Std dev
±0.191%
tf
LONG
Variational(dex)
Variational(dex)- Mark Price
- $0.2256
- Exchange Ticker
- CRV
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- +10.96%
- OI
- $660.45K
- 24h Vol
- $84.61K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $0.2259
- Exchange Ticker
- CRV
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.96%
- OI
- $9.00M
- 24h Vol
- $3.00M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short253 long / 283 short samples · 2 days · auto-refresh every 30s