NVDA · Convergence Trade
Current Spread (mark)
updated 1m ago+0.065%higher than 46% of spread values(window 1D)
long $162.8545 · short $162.9600(long 32s / short 1m old)
Entry Spread (order book)+0.036%on $10,000
long $162.8920 · short $162.9500(average execution prices, not mark)
market median $162.9400· long -0.1%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.06%, but entry and exit cost 0.17% 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 0.06% 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 | +$6.48 | -$43.52 | -$93.52 |
| Round-trip fees | −$10.00 | −$10.00 | −$10.00 |
| Slippage(orderbook) | −$6.63 | −$6.63 | −$6.63 |
| Funding drag(est. 1h hold) | +$0.03 | +$0.03 | +$0.03 |
| Net potential | -$10.12 | -$60.12 | -$110.12 |
Breakeven move 0.1660%·Tradeability: 0.4× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.07%) — 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
+0.065%
46 pct
Median
+0.068%
Average
+0.065%
P25 → P75
+0.043% … +0.092%
Range
-0.303% … +0.465%
Std dev
±0.074%
tf
LONG
Variational(dex)
Variational(dex)- Mark Price
- $162.8545
- Exchange Ticker
- NVDA
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- +0.00%
- OI
- $12.16M
- 24h Vol
- $19.37M
SHORT
Pionex(cex)
Pionex(cex)- Mark Price
- $162.9600
- Exchange Ticker
- NVDAX_USDT_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +2.29%
- OI
- $5.99M
- 24h Vol
- $22.40M
282 long / 280 short samples · 2 days · auto-refresh every 30s