OP · Convergence Trade
Cannot execute — MEXC has no liquidity for this pair
LONG leg shows OI $0.00 / 24h Vol $0.00 — this is oracle/mark price only, no actual trading. Profit Calculator below is informational; you can’t open this position.
Profit Calculator
This spread does not cover its own costs
The spread is 0.16%, but entry and exit cost 0.16% 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 0.16% 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 | +$15.79 | -$34.21 | -$84.21 |
| Round-trip fees | −$16.00 | −$16.00 | −$16.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.04 | +$0.04 | +$0.04 |
| Net potential | -$0.17 | -$50.17 | -$100.17 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.09% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 54 comparable episodes over 1D. Check the position roughly every ~1h.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 260 samples
MEXC(cex)- Mark Price
- $0.1267
- Exchange Ticker
- OP_USDT
- Taker / Maker
- 0.02% / 0%
- Funding APR(8h)
- -18.96%
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Bitget(cex)- Mark Price
- $0.1269
- Exchange Ticker
- OPUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- -15.23%
- OI
- $4.80M
- 24h Vol
- $2.56M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short223 long / 225 short samples · 2 days · auto-refresh every 30s