LINK · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 2m old+0.080%higher than 39% of spread values(window 1D)
long $9.5993 · short $9.6070(long 22s / short 2m old)
Entry Spread (order book)-0.004%on $10,000
long $9.6064 · short $9.6060(average execution prices, not mark)
market median $9.6090· long -0.1%· short -0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Slippage is not in these figures yet — the order book is still loading. Breakeven is understated and tradeability overstated until it arrives; wait for the refresh before judging the trade.
Three scenarios: the current spread 0.08% 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 | +$7.97 | -$42.03 | -$92.03 |
| Round-trip fees | −$4.00 | −$4.00 | −$4.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.05 | +$0.05 | +$0.05 |
| Net potential | +$2.71 | -$47.29 | -$97.29 |
Breakeven move 0.0526%·Tradeability: 1.5× round-trip cost · marginal — barely covers costs
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.10%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 285 samples
Current
+0.080%
39 pct
Median
+0.097%
Average
+0.097%
P25 → P75
+0.053% … +0.141%
Range
-0.646% … +0.417%
Std dev
±0.093%
tf
LONG
Variational(dex)
Variational(dex)- Mark Price
- $9.5993
- Exchange Ticker
- LINK
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- -3.38%
- OI
- $1.83M
- 24h Vol
- $152.88K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
MEXC(cex)
MEXC(cex)- Mark Price
- $9.6070
- Exchange Ticker
- LINK_USDT
- Taker / Maker
- 0.02% / 0%
- Funding APR(8h)
- +0.99%
- OI
- $28.92M
- 24h Vol
- $50.18M
285 long / 280 short samples · 2 days · auto-refresh every 30s