NVDA · Convergence Trade
Current Spread (mark)
updated 41s ago+0.026%higher than 2% of spread values(window 1D)
long $212.7400 · short $212.7950
Entry Spread (order book)+0.052%on $10,000
long $212.7698 · short $212.8810(average execution prices, not mark)
market median $213.0400· long -0.1%· short -0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.03%, but entry and exit cost 0.03% 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 0.03% 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 | +$2.59 | -$47.41 | -$97.41 |
| Round-trip fees | −$0.00 | −$0.00 | −$0.00 |
| Slippage(orderbook) | −$2.78 | −$2.78 | −$2.78 |
| Funding drag(est. 1h hold) | +$0.18 | +$0.18 | +$0.18 |
| Net potential | -$0.01 | -$50.01 | -$100.01 |
Breakeven move 0.0260%·Tradeability: 1.0× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.05%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 282 samples
Current
+0.026%
2 pct
Median
+0.052%
Average
+0.052%
P25 → P75
+0.044% … +0.060%
Range
+0.007% … +0.096%
Std dev
±0.013%
tf
LONG
Lighter Robinhood(dex)
Lighter Robinhood(dex)- Mark Price
- $212.7400
- Exchange Ticker
- NVDA-USDG
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +3.51%
- OI
- $7.67M
- 24h Vol
- $25.00M
SHORT
Lighter(dex)
Lighter(dex)- Mark Price
- $212.7950
- Exchange Ticker
- NVDA-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +19.29%
- OI
- $4.47M
- 24h Vol
- $13.40M
282 long / 282 short samples · 2 days · auto-refresh every 30s