EVAA · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 4m old+0.092%higher than 86% of spread values(window 1D)
long $1.0826 · short $1.0836(long 4m / short 3m old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $1.0828· long -0.0%· short +0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.09%, but entry and exit cost 0.24% 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 0.09% 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 | +$9.24 | -$40.76 | -$90.76 |
| Round-trip fees | −$24.00 | −$24.00 | −$24.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | -$14.76 | -$64.76 | -$114.76 |
Breakeven move 0.2400%·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 0.16%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 277 samples
Current
+0.092%
86 pct
Median
-0.121%
Average
-0.121%
P25 → P75
-0.229% … -0.009%
Range
-1.157% … +0.802%
Std dev
±0.233%
tf
LONG
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $1.0826
- Exchange Ticker
- EVAAUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $2.35M
- 24h Vol
- $516.01K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
KuCoin(cex)
KuCoin(cex)- Mark Price
- $1.0836
- Exchange Ticker
- EVAAUSDTM
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $7.09M
- 24h Vol
- $5.17M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short248 long / 256 short samples · 2 days · auto-refresh every 30s