JCT · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 6m old+0.321%higher than 62% of spread values(window 1D)
long $0.004679 · short $0.004694(long 4m / short 6m old)
Entry Spread (order book)-0.130%on $10,000
long $0.004653 · short $0.004647(average execution prices, not mark)
market median $0.004672· long +0.2%· short +0.5%
Size per leg$= $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 0.32% 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 | +$32.06 | -$17.94 | -$67.94 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$2.24 | +$2.24 | +$2.24 |
| Net potential | +$14.30 | -$35.70 | -$85.70 |
Breakeven move 0.1776%·Tradeability: 1.8× round-trip cost · marginal — barely covers costs
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.43%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 253 samples
Current
+0.321%
62 pct
Median
+0.080%
Average
+0.204%
P25 → P75
-0.324% … +0.558%
Range
-4.693% … +6.521%
Std dev
±1.318%
tf
LONG
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $0.004679
- Exchange Ticker
- JCTUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -132.49%
- OI
- $1.95M
- 24h Vol
- $49.62M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Aster(dex)
Aster(dex)- Mark Price
- $0.004694
- Exchange Ticker
- JCTUSDT
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(4h)
- +63.92%
- OI
- $723.07K
- 24h Vol
- $11.34M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short203 long / 225 short samples · 2 days · auto-refresh every 30s