OURA · Convergence Trade
Sparse data (7% of expected samples) — statistics may be unreliable
Forward-fill used for gaps in mark-price history. Smaller window or current spread reading more trustworthy than long-range stats.
Profit Calculator
Slippage is not in these figures yet — the order book is still loading. Breakeven is understated and tradeability overstated until it arrives; wait for the refresh before judging the trade.
Three scenarios: the current spread 0.85% 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 | +$84.98 | +$34.98 | -$15.02 |
| Round-trip fees | −$27.00 | −$27.00 | −$27.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.14 | +$0.14 | +$0.14 |
| Net potential | +$58.12 | +$8.12 | -$41.88 |
⏱ Hold time (estimated from history)
Over 1D the spread rarely converged to the median 0.63% (100% of episodes never did). The spread may be structural rather than mean-reverting — do not count on a quick exit; take profit on actual compression, not on a timer.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 31 samples
Live spread — order book
on size $10,000Rebuilt from stored order books (last 3h) and updated every ~15s while the page is open. IN is the spread to open the position, OUT is the spread to close it; positive means the trade works in your favour. Both are walked for your position size, so they already include what depth costs you.
![trade[XYZ]](/icons/exchanges/hl-xyz.svg){kind=icon}
trade[XYZ](dex)- Mark Price
- $49.8960
- Exchange Ticker
- xyz:OURA
- Taker / Maker
- 0.09% / 0.03%
- Funding APR(1h)
- -1.00%
- OI
- $372.58K
- 24h Vol
- $506.87K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
TxFlow(dex)- Mark Price
- $50.3200
- Exchange Ticker
- OURA
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.96%
- OI
- $3.94K
- 24h Vol
- $15.71K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short19 long / 19 short samples · 1 day · auto-refresh every 30s