JCT · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 3m old+0.425%higher than 73% of spread values(window 1D)
long $0.002024 · short $0.002033(long 3m / short 3m old)
Entry Spread (order book)-0.460%on $10,000thin book — size does not fully fill
long $0.002014 · short $0.002005(average execution prices, not mark)
market median $0.002028· long -0.2%· short +0.3%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.42%, but entry and exit cost 1.49% 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 0.42% 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 | +$42.49 | -$7.51 | -$57.51 |
| Round-trip fees | −$24.00 | −$24.00 | −$24.00 |
| Slippage(orderbook) | −$126.54 | −$126.54 | −$126.54 |
| Funding drag(est. 1h hold) | +$1.43 | +$1.43 | +$1.43 |
| Net potential | -$106.62 | -$156.62 | -$206.62 |
Breakeven move 1.4911%·Tradeability: 0.3× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.42%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 277 samples
Current
+0.425%
73 pct
Median
+0.093%
Average
+0.055%
P25 → P75
-0.328% … +0.457%
Range
-3.836% … +5.489%
Std dev
±0.992%
tf
LONG
Bitget(cex)
Bitget(cex)- Mark Price
- $0.002024
- Exchange Ticker
- JCTUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +67.28%
- OI
- $2.95M
- 24h Vol
- $10.97M
SHORT
KuCoin(cex)
KuCoin(cex)- Mark Price
- $0.002033
- Exchange Ticker
- JCTUSDTM
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +192.41%
- OI
- $23.40M
- 24h Vol
- $9.42M
250 long / 254 short samples · 2 days · auto-refresh every 30s