LINK · Convergence Trade
Current Spread (mark)
updated 0s ago+0.474%higher than 100% of spread values(window 1D)
long $9.7030 · short $9.7490(long 1m / short 6m old)
Entry Spread (order book)-0.044%on $10,000
long $9.7030 · short $9.6988(average execution prices, not mark)
market median $9.7095· long -0.1%· short +0.4%
Profit Calculator
Three scenarios: the current spread 0.47% 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 | +$47.41 | -$2.59 | -$52.59 |
| Round-trip fees | −$24.00 | −$24.00 | −$24.00 |
| Slippage(orderbook) | −$9.23 | −$9.23 | −$9.23 |
| Funding drag(est. 1h hold) | +$0.03 | +$0.03 | +$0.03 |
| Net potential | +$14.21 | -$35.79 | -$85.79 |
Breakeven move 0.3320%·Tradeability: 1.4× round-trip cost · marginal — barely covers costs
⏱ Hold time (estimated from history)
Not enough comparable episodes in the 1D history to estimate timing — pick a larger window (7D / 30D) where the spread has been this wide before.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 262 samples
Current
+0.474%
100 pct
Median
-0.011%
Average
-0.013%
P25 → P75
-0.032% … +0.000%
Range
-0.155% … +0.143%
Std dev
±0.032%
Size$
chart range
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Live spread — order book
on size $10,000Collecting live order-book data…
Rebuilt 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.
LONG
Toobit(cex)
Toobit(cex)- Mark Price
- $9.7030
- Exchange Ticker
- LINK-SWAP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- -0.02%
- OI
- $544.22K
- 24h Vol
- $9.22M
SHORT
KuCoin(cex)
KuCoin(cex)- Mark Price
- $9.7490
- Exchange Ticker
- LINKUSDTM
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +2.96%
- OI
- $34.27M
- 24h Vol
- $11.00M
262 long / 262 short samples · 2 days · auto-refresh every 30s