MU · Convergence Trade
Current Spread (mark)
updated 0s ago+0.092%higher than 41% of spread values(window 1D)
long $1,010.19 · short $1,011.12(long 2m / short 2m old)
Entry Spread (order book)+0.053%on $10,000
long $1,009.75 · short $1,010.28(average execution prices, not mark)
market median $1,010.95· long -0.1%· short +0.0%
Profit Calculator
Three scenarios: the current spread 0.09% 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 | +$9.22 | -$40.78 | -$90.78 |
| Round-trip fees | −$16.00 | −$16.00 | −$16.00 |
| Slippage(orderbook) | −$8.82 | −$8.82 | −$8.82 |
| Funding drag(est. 1h hold) | −$0.19 | −$0.19 | −$0.19 |
| Net potential | -$15.79 | -$65.79 | -$115.79 |
Breakeven move 0.2501%·Tradeability: 0.4× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.11%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 233 samples
Current
+0.092%
41 pct
Median
+0.103%
Average
+0.104%
P25 → P75
+0.062% … +0.145%
Range
-0.171% … +0.515%
Std dev
±0.089%
Size$
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
TxFlow(dex)
TxFlow(dex)- Mark Price
- $1,010.19
- Exchange Ticker
- MU
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.95%
- OI
- $62.07K
- 24h Vol
- $315.22K
SHORT
NADO(dex)
NADO(dex)- Mark Price
- $1,011.12
- Exchange Ticker
- MU-PERP
- Taker / Maker
- 0.035% / 0.01%
- Funding APR(1h)
- -5.97%
- OI
- $346.81K
- 24h Vol
- $468.99K
210 long / 211 short samples · 2 days · auto-refresh every 30s