IDOL · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 4m old+0.842%higher than 85% of spread values(window 1D)
long $0.02016 · short $0.02033(long 2m / short 4m old)
Entry Spread (order book)-0.453%on $10,000
long $0.02049 · short $0.02040(average execution prices, not mark)
market median $0.02026· long -0.5%· short +0.3%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Slippage is not in these figures yet — the order book is still loading. Breakeven is understated and tradeability overstated until it arrives; wait for the refresh before judging the trade.
Three scenarios: the current spread 0.84% 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 | +$84.19 | +$34.19 | -$15.81 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | +$34.71 | -$15.29 | -$65.29 |
Breakeven move 0.4948%·Tradeability: 1.7× round-trip cost · marginal — barely covers costs
⏱ Hold time (estimated from history)
~12mintypical time to exit(usually ~6min–~24min)
Exit target: spread compresses to the median 0.35% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 35 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 · 281 samples
Current
+0.842%
85 pct
Median
+0.031%
Average
+0.221%
P25 → P75
-0.322% … +0.418%
Range
-7.472% … +24.224%
Std dev
±2.333%
tf
LONG
BingX(cex)
BingX(cex)- Mark Price
- $0.02016
- Exchange Ticker
- IDOL-USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $1.35M
- 24h Vol
- $4.20M
SHORT
Binance Futures(cex)
Binance Futures(cex)- Mark Price
- $0.02033
- Exchange Ticker
- IDOLUSDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $15.15M
- 24h Vol
- $144.29M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short250 long / 258 short samples · 2 days · auto-refresh every 30s