ETH · Convergence Trade
Current Spread (mark)
updated 1m ago+0.026%higher than 64% of spread values(window 1D)
long $1,906.27 · short $1,906.76(long 47s / short 1m old)
Entry Spread (order book)+0.055%on $10,000
long $1,906.21 · short $1,907.26(average execution prices, not mark)
market median $1,906.56· long -0.0%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.03%, but entry and exit cost 0.19% 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 0.03% 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 | +$2.59 | -$47.41 | -$97.41 |
| Round-trip fees | −$18.00 | −$18.00 | −$18.00 |
| Slippage(orderbook) | −$0.84 | −$0.84 | −$0.84 |
| Funding drag(est. 1h hold) | +$0.04 | +$0.04 | +$0.04 |
| Net potential | -$16.21 | -$66.21 | -$116.21 |
Breakeven move 0.1880%·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 0.03%) — 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
+0.026%
64 pct
Median
+0.011%
Average
+0.013%
P25 → P75
-0.008% … +0.036%
Range
-0.230% … +0.173%
Std dev
±0.049%
tf
LONG
grvt(dex)
grvt(dex)- Mark Price
- $1,906.27
- Exchange Ticker
- ETH_USDT_Perp
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(8h)
- +7.34%
- OI
- $110.94M
- 24h Vol
- $77.48M
SHORT
Aster(dex)
Aster(dex)- Mark Price
- $1,906.76
- Exchange Ticker
- ETHUSDT
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(8h)
- +10.72%
- OI
- $172.35M
- 24h Vol
- $405.32M
284 long / 283 short samples · 2 days · auto-refresh every 30s