NVDA · Convergence Trade
Current Spread (mark)
updated 32s ago+0.092%higher than 56% of spread values(window 1D)
long $162.5300 · short $162.6790
Entry Spread (order book)+0.586%on $10,000
long $162.5300 · short $163.4824(average execution prices, not mark)
market median $162.8350· long -0.2%· short -0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.09%, but entry and exit cost 0.09% 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 0.09% 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 | +$9.17 | -$40.83 | -$90.83 |
| Round-trip fees | −$7.00 | −$7.00 | −$7.00 |
| Slippage(orderbook) | −$2.42 | −$2.42 | −$2.42 |
| Funding drag(est. 1h hold) | −$0.05 | −$0.05 | −$0.05 |
| Net potential | -$0.30 | -$50.30 | -$100.30 |
Breakeven move 0.0947%·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 0.09%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 285 samples
Current
+0.092%
56 pct
Median
+0.086%
Average
+0.087%
P25 → P75
+0.061% … +0.111%
Range
-0.495% … +0.703%
Std dev
±0.088%
tf
LONG
Ondo(dex)
Ondo(dex)- Mark Price
- $162.5300
- Exchange Ticker
- NVDA-USD.P
- Taker / Maker
- 0.035% / 0.015%
- Funding APR(1h)
- +7.45%
- OI
- $2.29M
- 24h Vol
- $4.84M
SHORT
Lighter(dex)
Lighter(dex)- Mark Price
- $162.6790
- Exchange Ticker
- NVDA-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +3.51%
- OI
- $13.14M
- 24h Vol
- $48.85M
284 long / 285 short samples · 2 days · auto-refresh every 30s