NVDA · Convergence Trade
Current Spread (mark)
updated 1m ago+0.018%higher than 33% of spread values(window 1D)
long $162.8759 · short $162.9050(long 37s / short 1m old)
Entry Spread (order book)+0.002%on $10,000
long $162.8700 · short $162.8725(average execution prices, not mark)
market median $162.8350· long +0.0%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.02%, but entry and exit cost 0.25% 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 0.02% 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 | +$1.79 | -$48.21 | -$98.21 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(orderbook) | −$4.54 | −$4.54 | −$4.54 |
| Funding drag(est. 1h hold) | +$0.01 | +$0.01 | +$0.01 |
| Net potential | -$22.74 | -$72.74 | -$122.74 |
Breakeven move 0.2453%·Tradeability: 0.1× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.03%) — 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
+0.018%
33 pct
Median
+0.028%
Average
+0.034%
P25 → P75
+0.012% … +0.047%
Range
-0.351% … +0.446%
Std dev
±0.070%
tf
LONG
Pionex(cex)
Pionex(cex)- Mark Price
- $162.8759
- Exchange Ticker
- NVDAX_USDT_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +2.29%
- OI
- $5.99M
- 24h Vol
- $22.20M
SHORT
HTX(cex)
HTX(cex)- Mark Price
- $162.9050
- Exchange Ticker
- NVDA-USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +3.01%
- OI
- $1.18M
- 24h Vol
- $2.52M
283 long / 285 short samples · 2 days · auto-refresh every 30s