ETH · Convergence Trade
Current Spread
updated 0s ago+0.018%higher than 33% of spread values(window 1D)
long $1,832.54 · short $1,832.87
market median $1,832.71· long -0.0%· short +0.0%
Profit Calculator
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% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$1.82 | -$48.18 | -$98.18 |
| Round-trip fees | −$27.60 | −$27.60 | −$27.60 |
| Slippage(orderbook) | −$11.21 | −$11.21 | −$11.21 |
| Funding drag(est. 1h hold) | +$0.11 | +$0.11 | +$0.11 |
| Net potential | -$36.88 | -$86.88 | -$136.88 |
Breakeven move 0.3870%·Tradeability: 0.0× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.03%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 284 samples
Current
+0.018%
33 pct
Median
+0.028%
Average
+0.028%
P25 → P75
+0.013% … +0.047%
Range
-0.102% … +0.081%
Std dev
±0.026%
Size$
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
- $1,832.54
- Exchange Ticker
- ETH-USD
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(1h)
- -9.33%
- OI
- $15.30M
- 24h Vol
- $3.24M
SHORT
Perpl(dex)
Perpl(dex)- Mark Price
- $1,832.87
- Exchange Ticker
- ETH
- Taker / Maker
- 0.088% / 0.05%
- Funding APR(43m)
- +0.00%
- OI
- $1.00M
- 24h Vol
- $4.05M
284 long / 284 short samples · 2 days · auto-refresh every 30s