LINK · Convergence Trade
Current Spread (mark)
updated 34s ago+0.004%higher than 40% of spread values(window 1D)
long $12.0275 · short $12.0280
Entry Spread (order book)-0.060%on $10,000
long $12.0299 · short $12.0226(average execution prices, not mark)
market median $12.0280· long -0.0%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.00%, but entry and exit cost 0.20% 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 0.00% 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 | +$0.42 | -$49.58 | -$99.58 |
| Round-trip fees | −$16.00 | −$16.00 | −$16.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.21 | +$0.21 | +$0.21 |
| Net potential | -$19.92 | -$69.92 | -$119.92 |
Breakeven move 0.2034%·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 0.02%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 283 samples
Current
+0.004%
40 pct
Median
+0.013%
Average
+0.014%
P25 → P75
-0.008% … +0.037%
Range
-0.163% … +0.243%
Std dev
±0.045%
tf
LONG
NADO(dex)
NADO(dex)- Mark Price
- $12.0275
- Exchange Ticker
- LINK-PERP
- Taker / Maker
- 0.035% / 0.01%
- Funding APR(1h)
- -16.62%
- OI
- $105.63K
- 24h Vol
- $45.73K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $12.0280
- Exchange Ticker
- LINK
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +1.67%
- OI
- $55.44M
- 24h Vol
- $9.28M
283 long / 283 short samples · 1 day · auto-refresh every 30s