JCT · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 2m old+0.719%higher than 84% of spread values(window 1D)
long $0.002016 · short $0.002031(long 1m / short 2m old)
Entry Spread (order book)-0.562%on $10,000thin book — size does not fully fill
long $0.002024 · short $0.002013(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
This spread does not cover its own costs
The spread is 0.72%, but entry and exit cost 1.29% 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 0.72% 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 | +$71.92 | +$21.92 | -$28.08 |
| Round-trip fees | −$22.00 | −$22.00 | −$22.00 |
| Slippage(orderbook) | −$107.72 | −$107.72 | −$107.72 |
| Funding drag(est. 1h hold) | +$1.16 | +$1.16 | +$1.16 |
| Net potential | -$56.64 | -$106.64 | -$156.64 |
Breakeven move 1.2856%·Tradeability: 0.6× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~12mintypical time to exit(usually ~6min–~18min)
Exit target: spread compresses to the median 0.36% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 48 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 · 276 samples
Current
+0.719%
84 pct
Median
+0.115%
Average
+0.142%
P25 → P75
-0.241% … +0.460%
Range
-2.470% … +4.987%
Std dev
±0.792%
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
KuCoin(cex)
KuCoin(cex)- Mark Price
- $0.002031
- Exchange Ticker
- JCTUSDTM
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +187.59%
- OI
- $23.34M
- 24h Vol
- $9.41M
251 long / 255 short samples · 2 days · auto-refresh every 30s