NVDA · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 8m old+0.154%higher than 100% of spread values(window 1D)
long $224.3602 · short $224.7050(long 8m / short 11s old)
Entry Spread (order book)+0.037%on $10,000
long $224.6830 · short $224.7658(average execution prices, not mark)
market median $224.6700· long -0.1%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Three scenarios: the current spread 0.15% 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 | +$15.37 | -$34.63 | -$84.63 |
| Round-trip fees | −$7.00 | −$7.00 | −$7.00 |
| Slippage(orderbook) | −$4.89 | −$4.89 | −$4.89 |
| Funding drag(est. 1h hold) | −$0.09 | −$0.09 | −$0.09 |
| Net potential | +$3.39 | -$46.61 | -$96.61 |
Breakeven move 0.1198%·Tradeability: 1.3× round-trip cost · marginal — barely covers costs
⏱ Hold time (estimated from history)
Not enough comparable episodes in the 1D history to estimate timing — pick a larger window (7D / 30D) where the spread has been this wide before.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 238 samples
Current
+0.154%
100 pct
Median
+0.056%
Average
+0.057%
P25 → P75
+0.051% … +0.062%
Range
+0.025% … +0.096%
Std dev
±0.010%
Size per leg$= $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
Ondo(dex)
Ondo(dex)- Mark Price
- $224.3602
- Exchange Ticker
- NVDA-USD.P
- Taker / Maker
- 0.035% / 0.015%
- Funding APR(1h)
- -41.55%
- OI
- $1.64M
- 24h Vol
- $70.27K
SHORT
Lighter(dex)
Lighter(dex)- Mark Price
- $224.7050
- Exchange Ticker
- NVDA-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- -49.09%
- OI
- $3.26M
- 24h Vol
- $4.40M
235 long / 233 short samples · 1 day · auto-refresh every 30s