GOOGL · Convergence Trade
Current Spread (mark)
updated 44s ago+0.000%higher than 32% of spread values(window 1D)
long $282.2000 · short $282.2000
Entry Spread (order book)-0.025%on $10,000
long $282.2178 · short $282.1463(average execution prices, not mark)
market median $282.4450· long -0.1%· short -0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.00%, but entry and exit cost 0.04% 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 0.00% 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 | +$0.00 | -$50.00 | -$100.00 |
| Round-trip fees | −$0.00 | −$0.00 | −$0.00 |
| Slippage(orderbook) | −$4.09 | −$4.09 | −$4.09 |
| Funding drag(est. 1h hold) | +$0.07 | +$0.07 | +$0.07 |
| Net potential | -$4.02 | -$54.02 | -$104.02 |
Breakeven move 0.0402%·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 0.01%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 282 samples
Current
+0.000%
32 pct
Median
+0.007%
Average
+0.009%
P25 → P75
+0.000% … +0.014%
Range
-0.100% … +0.537%
Std dev
±0.036%
tf
LONG
Lighter Robinhood(dex)
Lighter Robinhood(dex)- Mark Price
- $282.2000
- Exchange Ticker
- GOOGL-USDG
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +42.08%
- OI
- $8.86M
- 24h Vol
- $39.77M
SHORT
Lighter(dex)
Lighter(dex)- Mark Price
- $282.2000
- Exchange Ticker
- GOOGL-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +48.21%
- OI
- $10.98M
- 24h Vol
- $56.13M
282 long / 282 short samples · 2 days · auto-refresh every 30s