NVDA · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 3m old+0.080%higher than 93% of spread values(window 1D)
long $211.6000 · short $211.7700(long 3m / short 22s old)
Entry Spread (order book)-0.039%on $10,000
long $211.8400 · short $211.7575(average execution prices, not mark)
market median $211.5200· long +0.0%· short +0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.08%, but entry and exit cost 0.27% 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 0.08% 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 | +$8.03 | -$41.97 | -$91.97 |
| Round-trip fees | −$23.00 | −$23.00 | −$23.00 |
| Slippage(orderbook) | −$3.53 | −$3.53 | −$3.53 |
| Funding drag(est. 1h hold) | −$0.06 | −$0.06 | −$0.06 |
| Net potential | -$18.56 | -$68.56 | -$118.56 |
Breakeven move 0.2659%·Tradeability: 0.3× 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 0.02% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 29 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 · 284 samples
Current
+0.080%
93 pct
Median
-0.005%
Average
-0.005%
P25 → P75
-0.023% … +0.009%
Range
-0.285% … +0.344%
Std dev
±0.066%
tf
LONG
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $211.6000
- Exchange Ticker
- NVDAUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +5.68%
- OI
- $11.39M
- 24h Vol
- $15.24M
SHORT
Bybit(cex)
Bybit(cex)- Mark Price
- $211.7700
- Exchange Ticker
- NVDAUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(8h)
- +0.00%
- OI
- $13.23M
- 24h Vol
- $12.26M
246 long / 284 short samples · 2 days · auto-refresh every 30s