JCT · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 2m old+0.744%higher than 88% of spread values(window 1D)
long $0.002016 · short $0.002031(long 46s / short 2m old)
Entry Spread (order book)-0.355%on $10,000
long $0.002017 · short $0.002010(average execution prices, not mark)
market median $0.002029· long -0.6%· short +0.1%
Size per leg$= $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 0.74% 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 | +$74.40 | +$24.40 | -$25.60 |
| Round-trip fees | −$25.00 | −$25.00 | −$25.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.40 | +$0.40 | +$0.40 |
| Net potential | +$17.94 | -$32.06 | -$82.06 |
Breakeven move 0.5646%·Tradeability: 1.3× round-trip cost · marginal — barely covers costs
⏱ Hold time (estimated from history)
~12mintypical time to exit(usually ~6min–~18min)
Exit target: spread compresses to the median 0.35% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 51 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 · 279 samples
Current
+0.744%
88 pct
Median
+0.000%
Average
-0.029%
P25 → P75
-0.397% … +0.337%
Range
-4.873% … +4.688%
Std dev
±0.857%
tf
LONG
BingX(cex)
BingX(cex)- Mark Price
- $0.002016
- Exchange Ticker
- JCT-USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +86.35%
- OI
- $1.22M
- 24h Vol
- $4.25M
SHORT
Gate.io(cex)
Gate.io(cex)- Mark Price
- $0.002031
- Exchange Ticker
- JCT_USDT
- Taker / Maker
- 0.075% / -0.01%
- Funding APR(4h)
- +120.97%
- OI
- $1.00M
- 24h Vol
- $11.11M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short250 long / 254 short samples · 2 days · auto-refresh every 30s