DOGE · Convergence Trade
Current Spread (mark)
updated 0s ago+0.066%higher than 15% of spread values(window 7D)
long $0.07035 · short $0.07040(long 4m / short 29s old)
Entry Spread (order book)-0.128%on $10,000
long $0.07041 · short $0.07032(average execution prices, not mark)
market median $0.07042· long -0.1%· short -0.0%
Profit Calculator
Three scenarios: the current spread 0.07% 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 | +$6.58 | -$43.42 | -$93.42 |
| Round-trip fees | −$15.00 | −$15.00 | −$15.00 |
| Slippage(orderbook) | −$43.39 | −$43.39 | −$43.39 |
| Funding drag(est. 1h hold) | −$0.01 | −$0.01 | −$0.01 |
| Net potential | -$51.82 | -$101.82 | -$151.82 |
Breakeven move 0.5840%·Tradeability: 0.1× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.14%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 7d · 1,924 samples
Current
+0.066%
15 pct
Median
+0.135%
Average
+0.135%
P25 → P75
+0.095% … +0.187%
Range
-0.148% … +0.422%
Std dev
±0.069%
Size$
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
Extended(dex)
Extended(dex)- Mark Price
- $0.07035
- Exchange Ticker
- DOGE-USD
- Taker / Maker
- 0.025% / 0%
- Funding APR(1h)
- +11.39%
- OI
- $555.57K
- 24h Vol
- $334.53K
SHORT
ApeX(dex)
ApeX(dex)- Mark Price
- $0.07040
- Exchange Ticker
- DOGE-USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- +10.95%
- OI
- $94.93K
- 24h Vol
- $106.16K
1921 long / 1922 short samples · 8 days · auto-refresh every 30s