EWY · Convergence Trade
Current Spread
updated 0s ago+0.046%higher than 74% of spread values(window 1D)
long $175.4800 · short $175.5600(long 4m / short 10m old)
market median $175.3854· long +0.1%· short +0.1%
Profit Calculator
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% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$4.56 | -$45.44 | -$95.44 |
| Round-trip fees | −$13.00 | −$13.00 | −$13.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | -$8.44 | -$58.44 | -$108.44 |
Breakeven move 0.1300%·Tradeability: 0.4× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.06%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 260 samples
Current
+0.046%
74 pct
Median
-0.017%
Average
-0.041%
P25 → P75
-0.069% … +0.047%
Range
-2.038% … +0.408%
Std dev
±0.256%
Size$
chart range
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LONG
Bybit(cex)
Bybit(cex)- Mark Price
- $175.4800
- Exchange Ticker
- EWYUSDT
- Taker / Maker
- 5.5 / 2 bps
- Funding APR(8h)
- +0.00%
- OI
- $3.71M
- 24h Vol
- $6.99M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
MEXC(cex)
MEXC(cex)- Mark Price
- $175.5600
- Exchange Ticker
- EWY_USDT
- Taker / Maker
- 1 / 0 bps
- Funding APR(8h)
- +0.00%
- OI
- $5.25K
- 24h Vol
- $1.52M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short244 long / 176 short samples · 2 days · auto-refresh every 30s