NVDA · Convergence Trade
Current Spread (mark)
updated 19s ago+0.065%higher than 19% of spread values(window 1D)
long $230.4510 · short $230.6000
Entry Spread (order book)+0.163%on $10,000
long $230.2855 · short $230.6600(average execution prices, not mark)
market median $230.6050· long -0.1%· short -0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Three scenarios: the current spread 0.06% 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 | +$6.47 | -$43.53 | -$93.53 |
| Round-trip fees | −$0.00 | −$0.00 | −$0.00 |
| Slippage(orderbook) | −$5.08 | −$5.08 | −$5.08 |
| Funding drag(est. 1h hold) | +$0.02 | +$0.02 | +$0.02 |
| Net potential | +$1.41 | -$48.59 | -$98.59 |
Breakeven move 0.0506%·Tradeability: 1.3× round-trip cost · marginal — barely covers costs
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.08%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 284 samples
Current
+0.065%
19 pct
Median
+0.077%
Average
+0.076%
P25 → P75
+0.068% … +0.084%
Range
+0.022% … +0.134%
Std dev
±0.012%
Size per leg$= $20,000 total
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
Lighter(dex)
Lighter(dex)- Mark Price
- $230.4510
- Exchange Ticker
- NVDA-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +3.51%
- OI
- $2.64M
- 24h Vol
- $6.61M
SHORT
Lighter Robinhood(dex)
Lighter Robinhood(dex)- Mark Price
- $230.6000
- Exchange Ticker
- NVDA-USDG
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +5.26%
- OI
- $7.75M
- 24h Vol
- $18.85M
284 long / 284 short samples · 2 days · auto-refresh every 30s