MEGA · Convergence Trade
Current Spread
updated 0s ago+0.207%higher than 88% of spread values(window 1D)
long $0.04347 · short $0.04356(long 7s / short 10m old)
market median $0.04350· long -0.1%· short +0.1%
Profit Calculator
Three scenarios: the current spread 0.21% 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 | +$20.70 | -$29.30 | -$79.30 |
| Round-trip fees | −$23.00 | −$23.00 | −$23.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.57 | +$0.57 | +$0.57 |
| Net potential | -$1.73 | -$51.73 | -$101.73 |
Breakeven move 0.2243%·Tradeability: 0.9× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~12mintypical time to exit(usually ~6min–~18min)
Exit target: spread compresses to the median 0.09% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 34 comparable episodes over 1D. Check the position roughly every ~1h.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 242 samples
Current
+0.207%
88 pct
Median
-0.023%
Average
+0.012%
P25 → P75
-0.092% … +0.070%
Range
-0.746% … +1.185%
Std dev
±0.210%
Size$
chart range
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LONG
Bybit(cex)
Bybit(cex)- Mark Price
- $0.04347
- Exchange Ticker
- MEGAUSDT
- Taker / Maker
- 5.5 / 2 bps
- Funding APR(4h)
- +10.95%
- OI
- $4.58M
- 24h Vol
- $1.59M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Toobit(cex)
Toobit(cex)- Mark Price
- $0.04356
- Exchange Ticker
- MEGA-SWAP-USDT
- Taker / Maker
- 6 / 2 bps
- Funding APR(4h)
- +60.95%
- 24h Vol
- $677.53K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short218 long / 143 short samples · 2 days · auto-refresh every 30s