DOGE · Convergence Trade
Current Spread (mark)
updated 0s ago+0.004%higher than 10% of spread values(window 1D)
long $0.06977 · short $0.06977(long 2m / short 2m old)
Entry Spread (order book)-0.155%on $10,000
long $0.06991 · short $0.06980(average execution prices, not mark)
market median $0.06978· long -0.0%· short -0.0%
Profit Calculator
Three scenarios: the current spread 0.00% 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 | +$0.40 | -$49.60 | -$99.60 |
| Round-trip fees | −$22.00 | −$22.00 | −$22.00 |
| Slippage(orderbook) | −$42.16 | −$42.16 | −$42.16 |
| Funding drag(est. 1h hold) | +$0.26 | +$0.26 | +$0.26 |
| Net potential | -$63.50 | -$113.50 | -$163.50 |
Breakeven move 0.6390%·Tradeability: 0.0× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.04%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 274 samples
Current
+0.004%
10 pct
Median
+0.036%
Average
+0.036%
P25 → P75
+0.018% … +0.053%
Range
-0.043% … +0.098%
Std dev
±0.025%
Size$
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
dYdX(dex)
- Mark Price
- $0.06977
- Exchange Ticker
- DOGE-USD
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(1h)
- +0.00%
- OI
- $173.53K
- 24h Vol
- $1.48K
SHORT
BloFin(cex)
- Mark Price
- $0.06977
- Exchange Ticker
- DOGE-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +22.54%
- OI
- $11.29M
- 24h Vol
- $2.32M
274 long / 272 short samples · 2 days · auto-refresh every 30s