GOOGL · Convergence Trade
Current Spread
updated 0s ago+0.017%higher than 83% of spread values(window 1D)
long $346.7400 · short $346.8000(long 11m / short 17m old)
market median $346.7000· long +0.0%· short +0.0%
Profit Calculator
Three scenarios: the current spread 0.02% 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 | +$1.73 | -$48.27 | -$98.27 |
| Round-trip fees | −$24.00 | −$24.00 | −$24.00 |
| Slippage(orderbook) | −$28.93 | −$28.93 | −$28.93 |
| Funding drag(est. 1h hold) | +$0.12 | +$0.12 | +$0.12 |
| Net potential | -$51.08 | -$101.08 | -$151.08 |
Breakeven move 0.5281%·Tradeability: 0.0× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.05%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 252 samples
Current
+0.017%
83 pct
Median
-0.037%
Average
-0.046%
P25 → P75
-0.083% … +0.003%
Range
-0.466% … +0.199%
Std dev
±0.090%
Size$
chart range
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LONG
Bitget(cex)
Bitget(cex)- Mark Price
- $346.7400
- Exchange Ticker
- GOOGLUSDT
- Taker / Maker
- 6 / 2 bps
- Funding APR(8h)
- +0.00%
- OI
- $8.23M
- 24h Vol
- $2.55M
SHORT
KuCoin(cex)
KuCoin(cex)- Mark Price
- $346.8000
- Exchange Ticker
- GOOGLUSDTM
- Taker / Maker
- 6 / 2 bps
- Funding APR(8h)
- +10.95%
- OI
- $1.99M
- 24h Vol
- $149.53K
200 long / 185 short samples · 2 days · auto-refresh every 30s