DOGE · Convergence Trade
Current Spread (mark)
updated 1m ago+0.086%higher than 33% of spread values(window 1D)
long $0.07913 · short $0.07920(long 1m / short 56s old)
Entry Spread (order book)+0.034%on $10,000
long $0.07913 · short $0.07916(average execution prices, not mark)
market median $0.07925· long -0.2%· short -0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.09%, but entry and exit cost 0.26% 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 0.09% 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 | +$8.59 | -$41.41 | -$91.41 |
| Round-trip fees | −$14.00 | −$14.00 | −$14.00 |
| Slippage(orderbook) | −$12.51 | −$12.51 | −$12.51 |
| Funding drag(est. 1h hold) | +$0.91 | +$0.91 | +$0.91 |
| Net potential | -$17.01 | -$67.01 | -$117.01 |
Breakeven move 0.2560%·Tradeability: 0.3× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.10%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 284 samples
Current
+0.086%
33 pct
Median
+0.104%
Average
+0.103%
P25 → P75
+0.072% … +0.134%
Range
-0.163% … +0.329%
Std dev
±0.054%
tf
LONG
WOOFi Pro(dex)
WOOFi Pro(dex)- Mark Price
- $0.07913
- Exchange Ticker
- PERP_DOGE_USDC
- Taker / Maker
- 0.03% / 0%
- Funding APR(8h)
- +8.04%
- OI
- $53.26K
- 24h Vol
- $405.92K
SHORT
Bullet(dex)
Bullet(dex)- Mark Price
- $0.07920
- Exchange Ticker
- DOGE-USD
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(1h)
- +87.66%
- OI
- $3.31K
- 24h Vol
- $137.29K
283 long / 284 short samples · 2 days · auto-refresh every 30s