LTC · Convergence Trade
Current Spread (mark)
updated 44s ago+0.046%higher than 28% of spread values(window 1D)
long $48.2980 · short $48.3200
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $48.3200· long -0.0%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.05%, but entry and exit cost 0.18% 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 0.05% 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 | +$4.56 | -$45.44 | -$95.44 |
| Round-trip fees | −$12.00 | −$12.00 | −$12.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.43 | +$0.43 | +$0.43 |
| Net potential | -$13.39 | -$63.39 | -$113.39 |
Breakeven move 0.1795%·Tradeability: 0.3× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.08%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 283 samples
Current
+0.046%
28 pct
Median
+0.077%
Average
+0.077%
P25 → P75
+0.037% … +0.114%
Range
-0.265% … +0.262%
Std dev
±0.067%
tf
LONG
Lighter(dex)
Lighter(dex)- Mark Price
- $48.2980
- Exchange Ticker
- LTC-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- -28.93%
- OI
- $555.07K
- 24h Vol
- $301.71K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Phemex(cex)
Phemex(cex)- Mark Price
- $48.3200
- Exchange Ticker
- LTCUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(8h)
- +8.66%
- OI
- $19.43M
- 24h Vol
- $4.84M
283 long / 283 short samples · 2 days · auto-refresh every 30s