LAYER · Convergence Trade
Sparse data (10% of expected samples) — statistics may be unreliable
Forward-fill used for gaps in mark-price history. Smaller window or current spread reading more trustworthy than long-range stats.
Profit Calculator
Three scenarios: the current spread 0.04% 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 | +$3.79 | -$46.21 | -$96.21 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.09 | −$0.09 | −$0.09 |
| Net potential | -$16.30 | -$66.30 | -$116.30 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.18%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 7d · 348 samples
Live spread — order book
on size $10,000Rebuilt from stored order books (last 3h) and updated every ~15s while the page is open. IN is the spread to open the position, OUT is the spread to close it; positive means the trade works in your favour. Both are walked for your position size, so they already include what depth costs you.
- Mark Price
- $0.06055
- Exchange Ticker
- LAYER-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +8.97%
- OI
- $128.18K
- 24h Vol
- $2.84K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $0.06057
- Exchange Ticker
- LAYERUSDT
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(1h)
- +0.87%
- OI
- $8.33K
- 24h Vol
- $3.74K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short199 long / 216 short samples · 3 days · auto-refresh every 30s