IOTA · Convergence Trade
Current Spread
updated 0s ago+0.054%higher than 76% of spread values(window 1D)
long $0.03703 · short $0.03705(long 4m / short 16m old)
market median $0.03713· long -0.3%· short -0.2%
Profit Calculator
Three scenarios: the current spread 0.05% 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 | +$5.40 | -$44.60 | -$94.60 |
| Round-trip fees | −$23.00 | −$23.00 | −$23.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.24 | +$0.24 | +$0.24 |
| Net potential | -$17.36 | -$67.36 | -$117.36 |
Breakeven move 0.2276%·Tradeability: 0.2× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.14%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 206 samples
Current
+0.054%
76 pct
Median
-0.081%
Average
-0.097%
P25 → P75
-0.169% … +0.028%
Range
-1.474% … +0.943%
Std dev
±0.336%
Size$
chart range
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LONG
Bybit(cex)
Bybit(cex)- Mark Price
- $0.03703
- Exchange Ticker
- IOTAUSDT
- Taker / Maker
- 5.5 / 2 bps
- Funding APR(8h)
- -9.85%
- OI
- $2.31M
- 24h Vol
- $502.88K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Bitget(cex)
Bitget(cex)- Mark Price
- $0.03705
- Exchange Ticker
- IOTAUSDT
- Taker / Maker
- 6 / 2 bps
- Funding APR(8h)
- +10.95%
- OI
- $1.35M
- 24h Vol
- $191.19K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short187 long / 94 short samples · 2 days · auto-refresh every 30s