LIT · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 2m old+0.039%higher than 52% of spread values(window 1D)
long $3.0993 · short $3.1005(long 1s / short 2m old)
Entry Spread (order book)+0.000%on $10,000
long $3.0837 · short $3.0837(average execution prices, not mark)
market median $3.0882· long +0.4%· short +0.4%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.04%, but entry and exit cost 0.22% 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 0.04% 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 | +$3.93 | -$46.07 | -$96.07 |
| Round-trip fees | −$19.00 | −$19.00 | −$19.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.92 | +$0.92 | +$0.92 |
| Net potential | -$18.10 | -$68.10 | -$118.10 |
Breakeven move 0.2203%·Tradeability: 0.2× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.21%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 284 samples
Current
+0.039%
52 pct
Median
+0.030%
Average
+0.010%
P25 → P75
-0.198% … +0.228%
Range
-1.519% … +2.425%
Std dev
±0.434%
tf
LONG
BULK(dex)
BULK(dex)- Mark Price
- $3.0993
- Exchange Ticker
- LIT-USD
- Taker / Maker
- 0.035% / 0%
- Funding APR(1h)
- -26.15%
- OI
- $512.43K
- 24h Vol
- $337.36K
SHORT
Toobit(cex)
Toobit(cex)- Mark Price
- $3.1005
- Exchange Ticker
- LIT2-SWAP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +54.79%
- OI
- $2.74M
- 24h Vol
- $6.95M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short284 long / 282 short samples · 2 days · auto-refresh every 30s