ETHFI · Convergence Trade
Current Spread
updated 0s ago+0.320%higher than 95% of spread values(window 1D)
long $0.4378 · short $0.4392(long 2m / short 19m old)
market median $0.4378· long +0.0%· short +0.3%
Profit Calculator
Three scenarios: the current spread 0.32% 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 | +$31.98 | -$18.02 | -$68.02 |
| Round-trip fees | −$23.00 | −$23.00 | −$23.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | +$8.98 | -$41.02 | -$91.02 |
Breakeven move 0.2300%·Tradeability: 1.4× round-trip cost · marginal — barely covers costs
⏱ Hold time (estimated from history)
~12mintypical time to exit(usually ~6min–~18min)
Exit target: spread compresses to the median 0.07% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 29 comparable episodes over 1D. Check the position roughly every ~1h.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 275 samples
Current
+0.320%
95 pct
Median
+0.000%
Average
-0.005%
P25 → P75
-0.072% … +0.092%
Range
-1.174% … +0.883%
Std dev
±0.212%
Size$
chart range
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LONG
Bybit(cex)
Bybit(cex)- Mark Price
- $0.4378
- Exchange Ticker
- ETHFIUSDT
- Taker / Maker
- 5.5 / 2 bps
- Funding APR(4h)
- +10.95%
- OI
- $15.17M
- 24h Vol
- $5.73M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
KuCoin(cex)
KuCoin(cex)- Mark Price
- $0.4392
- Exchange Ticker
- ETHFIUSDTM
- Taker / Maker
- 6 / 2 bps
- Funding APR(4h)
- +10.95%
- OI
- $1.68M
- 24h Vol
- $1.01M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short257 long / 210 short samples · 2 days · auto-refresh every 30s