INJ · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 5m old+0.063%higher than 68% of spread values(window 1D)
long $7.9060 · short $7.9110(long 49s / short 5m old)
Entry Spread (order book)-0.190%on $10,000
long $7.9009 · short $7.8859(average execution prices, not mark)
market median $7.9160· long -0.1%· short -0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.06%, but entry and exit cost 0.34% 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 0.06% 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 | +$6.32 | -$43.68 | -$93.68 |
| Round-trip fees | −$25.00 | −$25.00 | −$25.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | -$28.01 | -$78.01 | -$128.01 |
Breakeven move 0.3433%·Tradeability: 0.2× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.16%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 284 samples
Current
+0.063%
68 pct
Median
-0.044%
Average
-0.048%
P25 → P75
-0.197% … +0.106%
Range
-3.385% … +1.095%
Std dev
±0.330%
tf
LONG
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $7.9060
- Exchange Ticker
- INJ
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.96%
- OI
- $7.89M
- 24h Vol
- $9.47M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
WEEX(cex)
WEEX(cex)- Mark Price
- $7.9110
- Exchange Ticker
- INJUSDT
- Taker / Maker
- 0.08% / 0.02%
- Funding APR(8h)
- +10.96%
- OI
- $48.29M
- 24h Vol
- $6.58M
284 long / 252 short samples · 2 days · auto-refresh every 30s