GOOGL · Convergence Trade
Current Spread (mark)
updated 58s ago+0.065%higher than 85% of spread values(window 1D)
long $294.1884 · short $294.3800
Entry Spread (order book)-0.068%on $10,000
long $294.5338 · short $294.3327(average execution prices, not mark)
market median $294.3800· long -0.1%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.07%, but entry and exit cost 0.29% 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 0.07% 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 | +$6.51 | -$43.49 | -$93.49 |
| Round-trip fees | −$24.00 | −$24.00 | −$24.00 |
| Slippage(orderbook) | −$5.70 | −$5.70 | −$5.70 |
| Funding drag(est. 1h hold) | +$0.23 | +$0.23 | +$0.23 |
| Net potential | -$22.96 | -$72.96 | -$122.96 |
Breakeven move 0.2947%·Tradeability: 0.2× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~12mintypical time to exit(usually ~6min–~24min)
Exit target: spread compresses to the median 0.03% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 34 comparable episodes over 1D. Check the position roughly every ~1h.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 283 samples
Current
+0.065%
85 pct
Median
-0.006%
Average
+0.000%
P25 → P75
-0.033% … +0.037%
Range
-0.273% … +0.323%
Std dev
±0.068%
tf
LONG
Aster(dex)
Aster(dex)- Mark Price
- $294.1884
- Exchange Ticker
- GOOGLUSDT
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(8h)
- +0.00%
- OI
- $834.59K
- 24h Vol
- $414.23K
SHORT
WEEX(cex)
WEEX(cex)- Mark Price
- $294.3800
- Exchange Ticker
- GOOGLUSDT
- Taker / Maker
- 0.08% / 0.02%
- Funding APR(8h)
- +20.49%
- OI
- $1420.18M
- 24h Vol
- $608.30M
282 long / 281 short samples · 2 days · auto-refresh every 30s