LIT · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 26m old+1.111%higher than 100% of spread values(window 1D)
long $3.0697 · short $3.1038(long 26m / short 1m old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $3.1037· long -1.1%· short +0.0%
Size per leg$= $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 1.11% 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 | +$111.09 | +$61.09 | +$11.09 |
| Round-trip fees | −$30.00 | −$30.00 | −$30.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$1.10 | +$1.10 | +$1.10 |
| Net potential | +$82.19 | +$32.19 | -$17.81 |
Breakeven move 0.2890%·Tradeability: 3.8× round-trip cost · acceptable margin
⏱ 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 · 277 samples
Current
+1.111%
100 pct
Median
+0.051%
Average
+0.063%
P25 → P75
-0.021% … +0.120%
Range
-0.503% … +0.819%
Std dev
±0.177%
tf
LONG
Toobit(cex)
Toobit(cex)- Mark Price
- $3.0697
- Exchange Ticker
- LIT2-SWAP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -85.49%
- OI
- $1.97M
- 24h Vol
- $5.28M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Entropy(dex)
Entropy(dex)- Mark Price
- $3.1038
- Exchange Ticker
- LIT
- Taker / Maker
- 0.09% / 0.03%
- Funding APR(1h)
- +10.96%
- OI
- $125.46M
- 24h Vol
- $18.22M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short221 long / 273 short samples · 2 days · auto-refresh every 30s