EVAA · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 3m old+0.046%higher than 64% of spread values(window 1D)
long $1.0839 · short $1.0844(long 3m / short 25s old)
Entry Spread (order book)-2.001%on $10,000thin book — size does not fully fill
long $1.1028 · short $1.0807(average execution prices, not mark)
market median $1.0849· long -0.1%· short -0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.05%, but entry and exit cost 0.27% 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 0.05% 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 | +$4.61 | -$45.39 | -$95.39 |
| Round-trip fees | −$27.00 | −$27.00 | −$27.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | -$22.39 | -$72.39 | -$122.39 |
Breakeven move 0.2700%·Tradeability: 0.2× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.11%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 278 samples
Current
+0.046%
64 pct
Median
+0.000%
Average
-0.015%
P25 → P75
-0.110% … +0.102%
Range
-0.685% … +0.785%
Std dev
±0.203%
tf
LONG
Gate.io(cex)
Gate.io(cex)- Mark Price
- $1.0839
- Exchange Ticker
- EVAA_USDT
- Taker / Maker
- 0.075% / -0.01%
- Funding APR(8h)
- +10.96%
- OI
- $1.22M
- 24h Vol
- $796.90K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
KuCoin(cex)
KuCoin(cex)- Mark Price
- $1.0844
- Exchange Ticker
- EVAAUSDTM
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $7.13M
- 24h Vol
- $5.15M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short254 long / 255 short samples · 2 days · auto-refresh every 30s