NVDA · Convergence Trade
Current Spread (mark)
updated 43s ago+0.014%higher than 56% of spread values(window 1D)
long $162.8900 · short $162.9131
Entry Spread (order book)-0.335%on $10,000thin book — size does not fully fill
long $163.5504 · short $163.0032(average execution prices, not mark)
market median $162.8750· long +0.0%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.01%, but entry and exit cost 0.83% 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 0.01% 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 | +$1.42 | -$48.58 | -$98.58 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(orderbook) | −$63.36 | −$63.36 | −$63.36 |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | -$81.94 | -$131.94 | -$181.94 |
Breakeven move 0.8336%·Tradeability: 0.0× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.06%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 283 samples
Current
+0.014%
56 pct
Median
+0.002%
Average
-0.010%
P25 → P75
-0.067% … +0.055%
Range
-0.343% … +0.571%
Std dev
±0.103%
tf
LONG
Phemex(cex)
Phemex(cex)- Mark Price
- $162.8900
- Exchange Ticker
- NVDAUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(4h)
- +0.00%
- OI
- $1.50M
- 24h Vol
- $148.22K
SHORT
Aster(dex)
Aster(dex)- Mark Price
- $162.9131
- Exchange Ticker
- NVDAUSD1
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(8h)
- +0.00%
- OI
- $1.54M
- 24h Vol
- $2.97M
283 long / 282 short samples · 2 days · auto-refresh every 30s