LIT · Convergence Trade
Current Spread
updated 0s ago+0.204%higher than 77% of spread values(window 1D)
long $2.3145 · short $2.3192(long 15s / short 6m old)
market median $2.3148· long -0.0%· short +0.2%
Profit Calculator
Three scenarios: the current spread 0.20% 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 | +$20.45 | -$29.55 | -$79.55 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.25 | +$0.25 | +$0.25 |
| Net potential | -$6.00 | -$56.00 | -$106.00 |
Breakeven move 0.2645%·Tradeability: 0.8× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~12mintypical time to exit(usually ~6min–~18min)
Exit target: spread compresses to the median 0.13% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 56 comparable episodes over 1D. Check the position roughly every ~1h.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 244 samples
Current
+0.204%
77 pct
Median
+0.043%
Average
+0.049%
P25 → P75
-0.094% … +0.182%
Range
-1.523% … +1.173%
Std dev
±0.306%
Size$
chart range
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LONG
Bullet(dex)
Bullet(dex)- Mark Price
- $2.3145
- Exchange Ticker
- LIT-USD
- Taker / Maker
- 4 / 1 bps
- Funding APR(1h)
- +0.00%
- OI
- $30.25K
- 24h Vol
- $27.92K
SHORT
Toobit(cex)
Toobit(cex)- Mark Price
- $2.3192
- Exchange Ticker
- LIT2-SWAP-USDT
- Taker / Maker
- 6 / 2 bps
- Funding APR(4h)
- +21.90%
- OI
- $52.49K
- 24h Vol
- $169.64M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short234 long / 147 short samples · 2 days · auto-refresh every 30s