GOOGL · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 1m old+0.048%higher than 89% of spread values(window 1D)
long $294.2400 · short $294.3800(long 44s / short 1m old)
Entry Spread (order book)-0.024%on $10,000
long $294.4026 · short $294.3327(average execution prices, not mark)
market median $294.3400· long -0.0%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.05%, but entry and exit cost 0.26% 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 0.05% 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 | +$4.76 | -$45.24 | -$95.24 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(orderbook) | −$6.29 | −$6.29 | −$6.29 |
| Funding drag(est. 1h hold) | +$0.23 | +$0.23 | +$0.23 |
| Net potential | -$21.30 | -$71.30 | -$121.30 |
Breakeven move 0.2606%·Tradeability: 0.2× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~6mintypical time to exit(usually ~6min–~18min)
Exit target: spread compresses to the median 0.02% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 45 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 · 282 samples
Current
+0.048%
89 pct
Median
+0.000%
Average
+0.003%
P25 → P75
-0.024% … +0.020%
Range
-0.230% … +0.306%
Std dev
±0.052%
tf
LONG
MEXC(cex)
MEXC(cex)- Mark Price
- $294.2400
- Exchange Ticker
- GOOGLSTOCK_USDT
- Taker / Maker
- 0.02% / 0%
- Funding APR(8h)
- +0.00%
- OI
- $11.70M
- 24h Vol
- $10.31M
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
280 long / 281 short samples · 2 days · auto-refresh every 30s