GLW · Convergence Trade
Sparse data (33% of expected samples) — statistics may be unreliable
Forward-fill used for gaps in mark-price history. Smaller window or current spread reading more trustworthy than long-range stats.
Profit Calculator
This spread does not cover its own costs
The spread is 0.10%, but entry and exit cost 0.15% 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 0.10% 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 | +$9.72 | -$40.28 | -$90.28 |
| Round-trip fees | −$16.00 | −$16.00 | −$16.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$1.21 | +$1.21 | +$1.21 |
| Net potential | -$5.07 | -$55.07 | -$105.07 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.17%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 158 samples
Crypto.com(cex)- Mark Price
- $123.4900
- Exchange Ticker
- GLWUSD-PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- -95.95%
- OI
- $20.27K
- 24h Vol
- $8.40K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
WOOFi Pro(dex)- Mark Price
- $123.6100
- Exchange Ticker
- PERP_GLW_USDC_mythos
- Taker / Maker
- 0.03% / 0%
- Funding APR(8h)
- +10.28%
- OI
- $5.76K
- 24h Vol
- $30.50K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short94 long / 95 short samples · 2 days · auto-refresh every 30s