EWY · Convergence Trade
Current Spread (mark)
updated 0s ago+0.097%higher than 33% of spread values(window 1D)
long $186.3000 · short $186.4813(long 1m / short 3m old)
Entry Spread (order book)-0.034%on $10,000
long $186.3350 · short $186.2712(average execution prices, not mark)
market median $186.3400· long -0.0%· short +0.1%
Profit Calculator
Three scenarios: the current spread 0.10% 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 | +$9.73 | -$40.27 | -$90.27 |
| Round-trip fees | −$8.00 | −$8.00 | −$8.00 |
| Slippage(orderbook) | −$17.02 | −$17.02 | −$17.02 |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | -$15.29 | -$65.29 | -$115.29 |
Breakeven move 0.2502%·Tradeability: 0.4× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.13%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 222 samples
Current
+0.097%
33 pct
Median
+0.130%
Average
+0.122%
P25 → P75
+0.086% … +0.161%
Range
-0.331% … +0.404%
Std dev
±0.077%
Size$
chart range
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Live spread — order book
on size $10,000Collecting live order-book data…
Rebuilt from stored order books (last 3h) and updated every ~15s while the page is open. IN is the spread to open the position, OUT is the spread to close it; positive means the trade works in your favour. Both are walked for your position size, so they already include what depth costs you.
LONG
Variational(dex)
Variational(dex)- Mark Price
- $186.3000
- Exchange Ticker
- EWY
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- +0.00%
- OI
- $2.26M
- 24h Vol
- $2.57M
SHORT
Aster(dex)
Aster(dex)- Mark Price
- $186.4813
- Exchange Ticker
- EWYUSDT
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(8h)
- +0.00%
- OI
- $339.35K
- 24h Vol
- $32.17K
194 long / 194 short samples · 2 days · auto-refresh every 30s