DOGE · Convergence Trade
Current Spread (mark)
updated 57s ago+0.033%higher than 80% of spread values(window 1D)
long $0.07584 · short $0.07587
Entry Spread (order book)-0.080%on $10,000
long $0.07587 · short $0.07581(average execution prices, not mark)
market median $0.07586· long -0.0%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.03%, but entry and exit cost 0.32% of the position. The trade is a loss at entry regardless of how the spread moves afterwards. Reduce the size, or pick another pair.
Three scenarios: the current spread 0.03% 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 | +$3.27 | -$46.73 | -$96.73 |
| Round-trip fees | −$15.00 | −$15.00 | −$15.00 |
| Slippage(orderbook) | −$17.59 | −$17.59 | −$17.59 |
| Funding drag(est. 1h hold) | +$1.01 | +$1.01 | +$1.01 |
| Net potential | -$28.31 | -$78.31 | -$128.31 |
Breakeven move 0.3158%·Tradeability: 0.1× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~12mintypical time to exit(usually ~6min–~18min)
Exit target: spread compresses to the median 0.02% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 53 comparable episodes over 1D. Check the position roughly every ~1h.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 283 samples
Current
+0.033%
80 pct
Median
+0.009%
Average
+0.011%
P25 → P75
-0.006% … +0.026%
Range
-0.074% … +0.106%
Std dev
±0.028%
tf
LONG
NADO(dex)
NADO(dex)- Mark Price
- $0.07584
- Exchange Ticker
- DOGE-PERP
- Taker / Maker
- 0.035% / 0.01%
- Funding APR(1h)
- -0.71%
- OI
- $198.20K
- 24h Vol
- $100.32K
SHORT
Bullet(dex)
Bullet(dex)- Mark Price
- $0.07587
- Exchange Ticker
- DOGE-USD
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(1h)
- +87.66%
- OI
- $22.99K
- 24h Vol
- $87.91K
283 long / 283 short samples · 2 days · auto-refresh every 30s