GOOGL · Convergence Trade
Current Spread (mark)
updated 1s ago+0.210%higher than 58% of spread values(window 1D)
long $343.9380 · short $344.6600(long 1m / short 1m old)
Entry Spread (order book)+0.118%on $10,000
long $343.8886 · short $344.2938(average execution prices, not mark)
market median $344.3600· long -0.1%· short +0.1%
Profit Calculator
Three scenarios: the current spread 0.21% 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 | +$20.99 | -$29.01 | -$79.01 |
| Round-trip fees | −$17.00 | −$17.00 | −$17.00 |
| Slippage(orderbook) | −$8.01 | −$8.01 | −$8.01 |
| Funding drag(est. 1h hold) | +$0.23 | +$0.23 | +$0.23 |
| Net potential | -$3.79 | -$53.79 | -$103.79 |
Breakeven move 0.2478%·Tradeability: 0.8× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.20%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 223 samples
Current
+0.210%
58 pct
Median
+0.204%
Average
+0.207%
P25 → P75
+0.186% … +0.224%
Range
+0.121% … +0.470%
Std dev
±0.040%
Size$
chart range
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Live spread — order book
on size $10,000Collecting live order-book data…
Rebuilt from stored order books (last 3h) and updated every ~15s while the page is open. IN is the spread to open the position, OUT is the spread to close it; positive means the trade works in your favour. Both are walked for your position size, so they already include what depth costs you.
LONG
Ondo(dex)
Ondo(dex)- Mark Price
- $343.9380
- Exchange Ticker
- GOOGL-USD.P
- Taker / Maker
- 0.035% / 0.015%
- Funding APR(1h)
- +5.52%
- OI
- $2.82M
- 24h Vol
- $1.73M
SHORT
OKX(cex)
OKX(cex)- Mark Price
- $344.6600
- Exchange Ticker
- GOOGL-USDT-SWAP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +25.97%
- OI
- $14.21M
- 24h Vol
- $10.06M
193 long / 191 short samples · 2 days · auto-refresh every 30s