LPT · Convergence Trade
Cannot execute — Binance Futures has no liquidity for this pair
SHORT leg shows OI $0.00 / 24h Vol $0.00 — this is oracle/mark price only, no actual trading. Profit Calculator below is informational; you can’t open this position.
Profit Calculator
This spread does not cover its own costs
The spread is 0.03%, but entry and exit cost 0.20% 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 0.03% 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 | +$2.92 | -$47.08 | -$97.08 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.19 | +$0.19 | +$0.19 |
| Net potential | -$16.89 | -$66.89 | -$116.89 |
⏱ 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 · 279 samples
OKX(cex)- Mark Price
- $1.6320
- Exchange Ticker
- LPT-USDT-SWAP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- -37.13%
- OI
- $1.54M
- 24h Vol
- $982.45K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Binance Futures(cex)- Mark Price
- $1.6325
- Exchange Ticker
- LPTUSDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- -20.11%
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short260 long / 257 short samples · 2 days · auto-refresh every 30s