GOOGL · Convergence Trade
Current Spread (mark)
updated 1m ago+0.044%higher than 72% of spread values(window 1D)
long $283.4900 · short $283.6152(long 1m / short 16s old)
Entry Spread (order book)-0.067%on $10,000
long $283.9786 · short $283.7889(average execution prices, not mark)
market median $283.7400· long -0.1%· short -0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.04%, but entry and exit cost 0.42% 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 0.04% 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 | +$4.42 | -$45.58 | -$95.58 |
| Round-trip fees | −$19.00 | −$19.00 | −$19.00 |
| Slippage(orderbook) | −$23.07 | −$23.07 | −$23.07 |
| Funding drag(est. 1h hold) | +$0.54 | +$0.54 | +$0.54 |
| Net potential | -$37.11 | -$87.11 | -$137.11 |
Breakeven move 0.4153%·Tradeability: 0.1× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~12mintypical time to exit(usually ~6min–~18min)
Exit target: spread compresses to the median 0.03% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 50 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 · 285 samples
Current
+0.044%
72 pct
Median
+0.031%
Average
+0.031%
P25 → P75
+0.015% … +0.046%
Range
-0.041% … +0.115%
Std dev
±0.023%
tf
LONG
KuCoin(cex)
KuCoin(cex)- Mark Price
- $283.4900
- Exchange Ticker
- GOOGLUSDTM
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- -27.61%
- OI
- $6.51M
- 24h Vol
- $1.25M
SHORT
NADO(dex)
NADO(dex)- Mark Price
- $283.6152
- Exchange Ticker
- GOOGL-PERP
- Taker / Maker
- 0.035% / 0.01%
- Funding APR(1h)
- +19.86%
- OI
- $525.36K
- 24h Vol
- $516.86K
285 long / 285 short samples · 2 days · auto-refresh every 30s