ETH · Convergence Trade
Current Spread (mark)
updated 29s ago+0.000%higher than 84% of spread values(window 1D)
long $2,336.2 · short $2,336.2
Entry Spread (order book)+0.000%on $10,000
long $2,337.7 · short $2,337.71(average execution prices, not mark)
market median $2,336.6· long -0.0%· short -0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.00%, but entry and exit cost 0.18% 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 0.00% 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 | +$0.00 | -$50.00 | -$100.00 |
| Round-trip fees | −$17.00 | −$17.00 | −$17.00 |
| Slippage(orderbook) | −$1.26 | −$1.26 | −$1.26 |
| Funding drag(est. 1h hold) | +$0.04 | +$0.04 | +$0.04 |
| Net potential | -$18.22 | -$68.22 | -$118.22 |
Breakeven move 0.1822%·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 0.01%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 283 samples
Current
+0.000%
84 pct
Median
-0.009%
Average
-0.010%
P25 → P75
-0.017% … +0.000%
Range
-0.142% … +0.095%
Std dev
±0.018%
tf
LONG
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $2,336.2
- Exchange Ticker
- ETH
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +7.24%
- OI
- $2549.03M
- 24h Vol
- $1199.96M
SHORT
Polymarket(dex)
Polymarket(dex)- Mark Price
- $2,336.2
- Exchange Ticker
- ETH-USD
- Taker / Maker
- 0.04% / 0.0125%
- Funding APR(1h)
- +10.96%
- OI
- $11.57M
283 long / 283 short samples · 2 days · auto-refresh every 30s