INTC · Convergence Trade
Current Spread (mark)
updated 15s ago+0.102%higher than 72% of spread values(window 1D)
long $58.5400 · short $58.6000
Entry Spread (order book)+0.099%on $10,000
long $58.5300 · short $58.5877(average execution prices, not mark)
market median $58.6650· long -0.2%· short -0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.10%, but entry and exit cost 0.13% 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 0.10% 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 | +$10.25 | -$39.75 | -$89.75 |
| Round-trip fees | −$7.00 | −$7.00 | −$7.00 |
| Slippage(orderbook) | −$6.41 | −$6.41 | −$6.41 |
| Funding drag(est. 1h hold) | −$0.02 | −$0.02 | −$0.02 |
| Net potential | -$3.18 | -$53.18 | -$103.18 |
Breakeven move 0.1343%·Tradeability: 0.8× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~6mintypical time to exit(usually ~6min–~18min)
Exit target: spread compresses to the median 0.09% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 46 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
+0.102%
72 pct
Median
+0.086%
Average
+0.087%
P25 → P75
+0.067% … +0.106%
Range
-0.149% … +0.640%
Std dev
±0.059%
tf
LONG
Ondo(dex)
Ondo(dex)- Mark Price
- $58.5400
- Exchange Ticker
- INTC-USD.P
- Taker / Maker
- 0.035% / 0.015%
- Funding APR(1h)
- +5.52%
- OI
- $1.14M
- 24h Vol
- $4.57M
SHORT
Lighter Robinhood(dex)
Lighter Robinhood(dex)- Mark Price
- $58.6000
- Exchange Ticker
- INTC-USDG
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +3.51%
- OI
- $1.68M
- 24h Vol
- $2.19M
284 long / 285 short samples · 2 days · auto-refresh every 30s