DOT · Convergence Trade
Current Spread (mark)
updated 58s ago+0.023%higher than 68% of spread values(window 1D)
long $0.7838 · short $0.7840
Entry Spread (order book)-0.171%on $10,000
long $0.7843 · short $0.7830(average execution prices, not mark)
market median $0.7860· long -0.3%· short -0.3%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.02%, but entry and exit cost 0.21% 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 0.02% 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 | +$2.30 | -$47.70 | -$97.70 |
| Round-trip fees | −$21.00 | −$21.00 | −$21.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.16 | −$0.16 | −$0.16 |
| Net potential | -$18.86 | -$68.86 | -$118.86 |
Breakeven move 0.2116%·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 0.08%) — 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
+0.023%
68 pct
Median
-0.017%
Average
-0.022%
P25 → P75
-0.111% … +0.052%
Range
-1.338% … +1.084%
Std dev
±0.182%
tf
LONG
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $0.7838
- Exchange Ticker
- DOT
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +4.35%
- OI
- $5.51M
- 24h Vol
- $2.32M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Phemex(cex)
Phemex(cex)- Mark Price
- $0.7840
- Exchange Ticker
- DOTUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(8h)
- -10.02%
- OI
- $1.99M
- 24h Vol
- $1.24M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short284 long / 253 short samples · 2 days · auto-refresh every 30s