ETH · Convergence Trade
Current Spread (mark)
updated 0s ago+0.045%higher than 40% of spread values(window 1D)
long $1,879.16 · short $1,880.01(long 5m / short 5m old)
Entry Spread (order book)+0.052%on $10,000
long $1,879.07 · short $1,880.04(average execution prices, not mark)
market median $1,880.01· long -0.0%· short +0.0%
Profit Calculator
Three scenarios: the current spread 0.05% 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 | +$4.53 | -$45.47 | -$95.47 |
| Round-trip fees | −$22.00 | −$22.00 | −$22.00 |
| Slippage(orderbook) | −$8.65 | −$8.65 | −$8.65 |
| Funding drag(est. 1h hold) | +$0.18 | +$0.18 | +$0.18 |
| Net potential | -$25.94 | -$75.94 | -$125.94 |
Breakeven move 0.3047%·Tradeability: 0.1× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.05%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 277 samples
Current
+0.045%
40 pct
Median
+0.053%
Average
+0.054%
P25 → P75
+0.037% … +0.070%
Range
-0.008% … +0.113%
Std dev
±0.022%
Size$
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)
dYdX(dex)- Mark Price
- $1,879.16
- Exchange Ticker
- ETH-USD
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(1h)
- -0.99%
- OI
- $20.52M
- 24h Vol
- $345.12K
SHORT
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $1,880.01
- Exchange Ticker
- ETHUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +14.91%
- OI
- $333.75M
275 long / 274 short samples · 2 days · auto-refresh every 30s