JCT · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 5m old+0.010%higher than 47% of spread values(window 1D)
long $0.002014 · short $0.002014(long 5m / short 4m old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $0.002015· long -0.1%· short -0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.01%, but entry and exit cost 0.98% 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 0.01% 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 | +$0.99 | -$49.01 | -$99.01 |
| Round-trip fees | −$24.00 | −$24.00 | −$24.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$1.19 | +$1.19 | +$1.19 |
| Net potential | -$96.85 | -$146.85 | -$196.85 |
Breakeven move 0.9784%·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 0.41%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 278 samples
Current
+0.010%
47 pct
Median
+0.067%
Average
+0.109%
P25 → P75
-0.272% … +0.462%
Range
-2.147% … +3.059%
Std dev
±0.786%
tf
LONG
Hotcoin(cex)
- Mark Price
- $0.002014
- Exchange Ticker
- JCTUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +86.81%
- OI
- $899.87K
- 24h Vol
- $10.75M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
KuCoin(cex)
- Mark Price
- $0.002014
- Exchange Ticker
- JCTUSDTM
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +190.66%
- OI
- $23.19M
- 24h Vol
- $9.42M
250 long / 255 short samples · 2 days · auto-refresh every 30s