GOOGL · Convergence Trade
Current Spread (mark)
updated 1m ago+0.124%higher than 72% of spread values(window 1D)
long $294.4050 · short $294.7700(long 3s / short 1m old)
Entry Spread (order book)-0.009%on $10,000
long $294.4100 · short $294.3847(average execution prices, not mark)
market median $294.4300· long -0.0%· short +0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.12%, but entry and exit cost 0.25% 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 0.12% 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 | +$12.40 | -$37.60 | -$87.60 |
| Round-trip fees | −$16.00 | −$16.00 | −$16.00 |
| Slippage(orderbook) | −$9.00 | −$9.00 | −$9.00 |
| Funding drag(est. 1h hold) | +$0.12 | +$0.12 | +$0.12 |
| Net potential | -$12.48 | -$62.48 | -$112.48 |
Breakeven move 0.2488%·Tradeability: 0.5× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~12mintypical time to exit(usually ~6min–~30min)
Exit target: spread compresses to the median 0.10% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 43 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
+0.124%
72 pct
Median
+0.102%
Average
+0.093%
P25 → P75
+0.056% … +0.128%
Range
-0.223% … +0.481%
Std dev
±0.067%
tf
LONG
RiseX(dex)
RiseX(dex)- Mark Price
- $294.4050
- Exchange Ticker
- GOOGL-PERP
- Taker / Maker
- 0.03% / 0.01%
- Funding APR(1h)
- +15.56%
- OI
- $515.37K
- 24h Vol
- $1.35M
SHORT
HTX(cex)
HTX(cex)- Mark Price
- $294.7700
- Exchange Ticker
- GOOGL-USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +25.96%
- OI
- $804.30K
- 24h Vol
- $210.18K
285 long / 283 short samples · 2 days · auto-refresh every 30s