LDO · Convergence Trade
Current Spread
updated 0s ago+0.647%higher than 100% of spread values(window 1D)
long $0.3708 · short $0.3732(long 6m / short 22m old)
market median $0.3710· long -0.1%· short +0.6%
Profit Calculator
Three scenarios: the current spread 0.65% 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 | +$64.72 | +$14.72 | -$35.28 |
| Round-trip fees | −$24.00 | −$24.00 | −$24.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.07 | −$0.07 | −$0.07 |
| Net potential | +$40.65 | -$9.35 | -$59.35 |
Breakeven move 0.2407%·Tradeability: 2.7× round-trip cost · marginal — barely covers costs
⏱ Hold time (estimated from history)
~12mintypical time to exit(usually ~6min–~12min)
Exit target: spread compresses to the median 0.08% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 4 comparable episodes over 1D. Check the position roughly every ~1h.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 283 samples
Current
+0.647%
100 pct
Median
-0.026%
Average
-0.021%
P25 → P75
-0.107% … +0.079%
Range
-1.047% … +0.752%
Std dev
±0.202%
Size$
chart range
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LONG
Bitget(cex)
Bitget(cex)- Mark Price
- $0.3708
- Exchange Ticker
- LDOUSDT
- Taker / Maker
- 6 / 2 bps
- Funding APR(8h)
- +10.95%
- OI
- $3.67M
- 24h Vol
- $5.51M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
KuCoin(cex)
KuCoin(cex)- Mark Price
- $0.3732
- Exchange Ticker
- LDOUSDTM
- Taker / Maker
- 6 / 2 bps
- Funding APR(8h)
- +5.04%
- OI
- $1.47M
- 24h Vol
- $3.16M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short237 long / 277 short samples · 2 days · auto-refresh every 30s