PAXG · Convergence Trade
Current Spread (mark)
updated 0s ago+0.006%higher than 93% of spread values(window 1D)
long $4,376.04 · short $4,376.3(long 3m / short 3m old)
Entry Spread (order book)-0.302%on $10,000
long $4,376 · short $4,362.77(average execution prices, not mark)
Profit Calculator
Three scenarios: the current spread 0.01% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$0.61 | -$49.39 | -$99.39 |
| Round-trip fees | −$18.00 | −$18.00 | −$18.00 |
| Slippage(orderbook) | −$80.03 | −$80.03 | −$80.03 |
| Funding drag(est. 1h hold) | +$0.18 | +$0.18 | +$0.18 |
| Net potential | -$97.24 | -$147.24 | -$197.24 |
Breakeven move 0.9785%·Tradeability: 0.0× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.03%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 276 samples
Current
+0.006%
93 pct
Median
-0.029%
Average
-0.054%
P25 → P75
-0.126% … -0.012%
Range
-0.280% … +0.208%
Std dev
±0.086%
Size$
chart range
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Live spread — order book
on size $10,000Collecting live order-book data…
Rebuilt 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.
LONG
Pacifica(dex)
Pacifica(dex)- Mark Price
- $4,376.04
- Exchange Ticker
- PAXG
- Taker / Maker
- 0.04% / 0.015%
- Funding APR(1h)
- +3.51%
- OI
- $1.68M
- 24h Vol
- $1.71M
SHORT
N1(dex)
N1(dex)- Mark Price
- $4,376.3
- Exchange Ticker
- PAXG
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(1h)
- +19.27%
- OI
- $12.47K
- 24h Vol
- $17.11K
276 long / 274 short samples · 2 days · auto-refresh every 30s