LIT · Convergence Trade
Current Spread (mark)
updated 20s ago+0.006%higher than 65% of spread values(window 1D)
long $3.0874 · short $3.0876
Entry Spread (order book)-0.148%on $10,000
long $3.0906 · short $3.0860(average execution prices, not mark)
market median $3.0895· long -0.1%· short -0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.01%, but entry and exit cost 0.28% 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 0.01% 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 | +$0.65 | -$49.35 | -$99.35 |
| Round-trip fees | −$19.00 | −$19.00 | −$19.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | -$27.57 | -$77.57 | -$127.57 |
Breakeven move 0.2822%·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 0.06%) — 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
+0.006%
65 pct
Median
-0.025%
Average
-0.022%
P25 → P75
-0.068% … +0.028%
Range
-0.609% … +0.522%
Std dev
±0.126%
tf
LONG
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $3.0874
- Exchange Ticker
- LIT
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.96%
- OI
- $105.93M
- 24h Vol
- $33.17M
SHORT
Pionex(cex)
Pionex(cex)- Mark Price
- $3.0876
- Exchange Ticker
- LIT_USDT_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $591.55K
- 24h Vol
- $1.53M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short284 long / 282 short samples · 2 days · auto-refresh every 30s