GWEI · Convergence Trade
Current Spread
updated 0s ago+0.280%higher than 57% of spread values(window 1D)
long $0.02497 · short $0.02504(long 4m / short 1m old)
market median $0.02506· long -0.4%· short -0.1%
Profit Calculator
Three scenarios: the current spread 0.28% 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 | +$28.03 | -$21.97 | -$71.97 |
| Round-trip fees | −$22.00 | −$22.00 | −$22.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$579.41 | +$579.41 | +$579.41 |
| Net potential | +$585.44 | +$535.44 | +$485.44 |
Breakeven move -5.5741%·Tradeability: 0.0× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.41%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 274 samples
Current
+0.280%
57 pct
Median
+0.153%
Average
+0.211%
P25 → P75
-0.188% … +0.556%
Range
-3.441% … +4.525%
Std dev
±0.978%
Size$
chart range
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LONG
Bitunix(cex)
- Mark Price
- $0.02497
- Exchange Ticker
- GWEIUSDT
- Taker / Maker
- 6 / 2 bps
- Funding APR(4h)
- -50911.37%
- 24h Vol
- $5.84M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
BingX(cex)
- Mark Price
- $0.02504
- Exchange Ticker
- GWEI-USDT
- Taker / Maker
- 5 / 2 bps
- Funding APR(4h)
- -154.83%
- OI
- $2.76M
- 24h Vol
- $3.25M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short242 long / 236 short samples · 2 days · auto-refresh every 30s