FF · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 5m old+0.152%higher than 44% of spread values(window 1D)
long $0.09178 · short $0.09192(long 5m / short 3m old)
Entry Spread (order book)-0.349%on $10,000
long $0.09208 · short $0.09176(average execution prices, not mark)
market median $0.09178· long +0.0%· short +0.2%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.15%, 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 0.15% 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 | +$15.25 | -$34.75 | -$84.75 |
| 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 | -$11.75 | -$61.75 | -$111.75 |
Breakeven move 0.2700%·Tradeability: 0.6× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.18%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 280 samples
Current
+0.152%
44 pct
Median
+0.167%
Average
+0.143%
P25 → P75
+0.056% … +0.224%
Range
-1.424% … +0.731%
Std dev
±0.198%
tf
LONG
Bitget(cex)
Bitget(cex)- Mark Price
- $0.09178
- Exchange Ticker
- FFUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $13.29M
- 24h Vol
- $832.39K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Gate.io(cex)
Gate.io(cex)- Mark Price
- $0.09192
- Exchange Ticker
- FF_USDT
- Taker / Maker
- 0.075% / -0.01%
- Funding APR(4h)
- +10.96%
- OI
- $9.40M
- 24h Vol
- $525.91K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short254 long / 254 short samples · 2 days · auto-refresh every 30s