META · Convergence Trade
Current Spread (mark)
updated 1s ago+0.151%higher than 42% of spread values(window 7D)
long $567.0541 · short $567.9100(long 5m / short 4m old)
Entry Spread (order book)+0.152%on $10,000
long $567.5171 · short $568.3821(average execution prices, not mark)
market median $567.9100· long -0.2%· short +0.0%
Profit Calculator
Three scenarios: the current spread 0.15% 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 | +$15.09 | -$34.91 | -$84.91 |
| Round-trip fees | −$23.00 | −$23.00 | −$23.00 |
| Slippage(orderbook) | −$7.21 | −$7.21 | −$7.21 |
| Funding drag(est. 1h hold) | −$0.34 | −$0.34 | −$0.34 |
| Net potential | -$15.46 | -$65.46 | -$115.46 |
Breakeven move 0.3055%·Tradeability: 0.5× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.16%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 7d · 1,974 samples
Current
+0.151%
42 pct
Median
+0.158%
Average
+0.155%
P25 → P75
+0.134% … +0.179%
Range
-0.813% … +0.846%
Std dev
±0.068%
Size$
chart range
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Live spread — order book
on size $10,000Collecting live order-book data…
Rebuilt from stored order books (last 3h) and updated every ~15s while the page is open. IN is the spread to open the position, OUT is the spread to close it; positive means the trade works in your favour. Both are walked for your position size, so they already include what depth costs you.
LONG
Ondo(dex)
Ondo(dex)- Mark Price
- $567.0541
- Exchange Ticker
- META-USD.P
- Taker / Maker
- 0.035% / 0.015%
- Funding APR(1h)
- +5.52%
- OI
- $1.11M
- 24h Vol
- $1.16M
SHORT
WEEX(cex)
WEEX(cex)- Mark Price
- $567.9100
- Exchange Ticker
- METAUSDT
- Taker / Maker
- 0.08% / 0.02%
- Funding APR(8h)
- -23.83%
- OI
- $33.26M
- 24h Vol
- $45.69K
1603 long / 1966 short samples · 8 days · auto-refresh every 30s