KITE · Convergence Trade
Current Spread
updated 0s ago+0.387%higher than 96% of spread values(window 1D)
long $0.1137 · short $0.1141(long 4m / short 15m old)
market median $0.1144· long -0.7%· short -0.3%
Profit Calculator
Three scenarios: the current spread 0.39% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$38.71 | -$11.29 | -$61.29 |
| Round-trip fees | −$23.00 | −$23.00 | −$23.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | +$15.71 | -$34.29 | -$84.29 |
Breakeven move 0.2300%·Tradeability: 1.7× round-trip cost · marginal — barely covers costs
⏱ Hold time (estimated from history)
~6mintypical time to exit(usually ~6min–~18min)
Exit target: spread compresses to the median 0.11% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 23 comparable episodes over 1D. Check the position roughly every ~1h.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 281 samples
Current
+0.387%
96 pct
Median
-0.066%
Average
-0.050%
P25 → P75
-0.150% … +0.053%
Range
-1.647% … +1.092%
Std dev
±0.228%
Size$
chart range
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LONG
Bybit(cex)
Bybit(cex)- Mark Price
- $0.1137
- Exchange Ticker
- KITEUSDT
- Taker / Maker
- 5.5 / 2 bps
- Funding APR(4h)
- +10.95%
- OI
- $1.45M
- 24h Vol
- $1.62M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
KuCoin(cex)
KuCoin(cex)- Mark Price
- $0.1141
- Exchange Ticker
- KITEUSDTM
- Taker / Maker
- 6 / 2 bps
- Funding APR(4h)
- +10.95%
- OI
- $445.65K
- 24h Vol
- $282.58K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short260 long / 219 short samples · 2 days · auto-refresh every 30s