ONE · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 5m old+0.081%higher than 70% of spread values(window 1D)
long $0.001353 · short $0.001354(long 5m / short 4m old)
Entry Spread (order book)-0.241%on $10,000
long $0.001352 · short $0.001349(average execution prices, not mark)
market median $0.001355· long -0.1%· short -0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.08%, but entry and exit cost 0.64% 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 0.08% 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 | +$8.13 | -$41.87 | -$91.87 |
| Round-trip fees | −$24.00 | −$24.00 | −$24.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.38 | −$0.38 | −$0.38 |
| Net potential | -$55.94 | -$105.94 | -$155.94 |
Breakeven move 0.6407%·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 0.13%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 279 samples
Current
+0.081%
70 pct
Median
-0.015%
Average
-0.021%
P25 → P75
-0.155% … +0.111%
Range
-0.930% … +0.926%
Std dev
±0.246%
tf
LONG
Toobit(cex)
Toobit(cex)- Mark Price
- $0.001353
- Exchange Ticker
- ONE-SWAP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -27.94%
- OI
- $1.27M
- 24h Vol
- $3.21M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Bitget(cex)
Bitget(cex)- Mark Price
- $0.001354
- Exchange Ticker
- ONEUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -60.92%
- OI
- $714.24K
- 24h Vol
- $1.76M
254 long / 250 short samples · 2 days · auto-refresh every 30s