JCT · Convergence Trade
Current Spread (mark)
updated 4s ago+0.049%higher than 58% of spread values(window 1D)
long $0.002038 · short $0.002039
Entry Spread (order book)-1.003%on $10,000
long $0.002056 · short $0.002035(average execution prices, not mark)
market median $0.002043· long -0.2%· short -0.2%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.05%, but entry and exit cost 1.59% 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 0.05% 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 | +$4.91 | -$45.09 | -$95.09 |
| Round-trip fees | −$26.00 | −$26.00 | −$26.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.61 | +$0.61 | +$0.61 |
| Net potential | -$153.76 | -$203.76 | -$253.76 |
Breakeven move 1.5867%·Tradeability: 0.0× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.28%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 279 samples
Current
+0.049%
58 pct
Median
-0.015%
Average
-0.003%
P25 → P75
-0.312% … +0.248%
Range
-3.303% … +4.113%
Std dev
±0.821%
tf
LONG
Bybit(cex)
Bybit(cex)- Mark Price
- $0.002038
- Exchange Ticker
- JCTUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(4h)
- +72.10%
- OI
- $6.02M
- 24h Vol
- $23.67M
SHORT
Gate.io(cex)
Gate.io(cex)- Mark Price
- $0.002039
- Exchange Ticker
- JCT_USDT
- Taker / Maker
- 0.075% / -0.01%
- Funding APR(4h)
- +125.35%
- OI
- $1.01M
- 24h Vol
- $10.54M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short255 long / 256 short samples · 2 days · auto-refresh every 30s