ETH · Convergence Trade
Current Spread (mark)
updated 33s ago+0.075%higher than 42% of spread values(window 1D)
long $2,383.81 · short $2,385.59
Entry Spread (order book)+0.066%on $10,000
long $2,384.22 · short $2,385.8(average execution prices, not mark)
market median $2,385.2· long -0.1%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.08%, 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 0.08% 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 | +$7.51 | -$42.49 | -$92.49 |
| Round-trip fees | −$15.00 | −$15.00 | −$15.00 |
| Slippage(orderbook) | −$3.48 | −$3.48 | −$3.48 |
| Funding drag(est. 1h hold) | +$0.17 | +$0.17 | +$0.17 |
| Net potential | -$10.80 | -$60.80 | -$110.80 |
Breakeven move 0.1831%·Tradeability: 0.4× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.09%) — 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
+0.075%
42 pct
Median
+0.087%
Average
+0.087%
P25 → P75
+0.050% … +0.116%
Range
-0.234% … +0.611%
Std dev
±0.084%
tf
LONG
RiseX(dex)
RiseX(dex)- Mark Price
- $2,383.81
- Exchange Ticker
- ETH-PERP
- Taker / Maker
- 0.03% / 0.01%
- Funding APR(1h)
- -3.12%
- OI
- $5.78M
- 24h Vol
- $8.69M
SHORT
Hibachi(dex)
Hibachi(dex)- Mark Price
- $2,385.59
- Exchange Ticker
- ETH/USDT-P
- Taker / Maker
- 0.045% / 0%
- Funding APR(1h)
- +11.40%
- OI
- $92.12K
- 24h Vol
- $1.13M
284 long / 284 short samples · 2 days · auto-refresh every 30s