MU · Convergence Trade
Current Spread (mark)
updated 1m ago+0.068%higher than 41% of spread values(window 1D)
long $767.6755 · short $768.2000(long 1m / short 0s old)
Entry Spread (order book)+0.021%on $10,000
long $767.8210 · short $767.9856(average execution prices, not mark)
market median $768.2300· long -0.1%· short -0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.07%, 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 0.07% 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 | +$6.83 | -$43.17 | -$93.17 |
| Round-trip fees | −$12.00 | −$12.00 | −$12.00 |
| Slippage(orderbook) | −$5.96 | −$5.96 | −$5.96 |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | -$11.13 | -$61.13 | -$111.13 |
Breakeven move 0.1796%·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 0.08%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 284 samples
Current
+0.068%
41 pct
Median
+0.075%
Average
+0.076%
P25 → P75
+0.048% … +0.103%
Range
-0.500% … +0.549%
Std dev
±0.104%
tf
LONG
Variational(dex)
Variational(dex)- Mark Price
- $767.6755
- Exchange Ticker
- MU
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- +0.00%
- OI
- $2.68M
- 24h Vol
- $2.06M
SHORT
BloFin(cex)
BloFin(cex)- Mark Price
- $768.2000
- Exchange Ticker
- MU-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +0.00%
- OI
- $5.16M
- 24h Vol
- $2.83M
284 long / 284 short samples · 2 days · auto-refresh every 30s