IDOL · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 5m old+0.267%higher than 60% of spread values(window 1D)
long $0.02026 · short $0.02031(long 4m / short 5m old)
Entry Spread (order book)-0.827%on $10,000
long $0.02067 · short $0.02050(average execution prices, not mark)
market median $0.02026· long -0.0%· short +0.2%
Size per leg$= $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 0.27% 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 | +$26.65 | -$23.35 | -$73.35 |
| Round-trip fees | −$24.00 | −$24.00 | −$24.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | +$2.65 | -$47.35 | -$97.35 |
Breakeven move 0.2400%·Tradeability: 1.1× round-trip cost · marginal — barely covers costs
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.40%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 278 samples
Current
+0.267%
60 pct
Median
+0.167%
Average
+0.092%
P25 → P75
-0.194% … +0.554%
Range
-11.239% … +6.768%
Std dev
±1.586%
tf
LONG
Bitget(cex)
Bitget(cex)- Mark Price
- $0.02026
- Exchange Ticker
- IDOLUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $5.05M
- 24h Vol
- $13.82M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Toobit(cex)
Toobit(cex)- Mark Price
- $0.02031
- Exchange Ticker
- IDOL-SWAP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $6.15M
- 24h Vol
- $15.85M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short250 long / 255 short samples · 2 days · auto-refresh every 30s