POL · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 3m old+0.000%higher than 45% of spread values(window 1D)
long $0.08314 · short $0.08314(long 3m / short 1m old)
Entry Spread (order book)-0.165%on $10,000
long $0.08319 · short $0.08305(average execution prices, not mark)
market median $0.08312· long +0.0%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.00%, but entry and exit cost 0.20% 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 0.00% 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 | +$0.00 | -$50.00 | -$100.00 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.12 | +$0.12 | +$0.12 |
| Net potential | -$19.88 | -$69.88 | -$119.88 |
Breakeven move 0.1988%·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 0.07%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 280 samples
Current
+0.000%
45 pct
Median
+0.012%
Average
+0.017%
P25 → P75
-0.060% … +0.078%
Range
-0.379% … +1.109%
Std dev
±0.144%
tf
LONG
Binance Futures(cex)
Binance Futures(cex)- Mark Price
- $0.08314
- Exchange Ticker
- POLUSDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- -4.10%
- OI
- $11.11M
- 24h Vol
- $9.85M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
BingX(cex)
BingX(cex)- Mark Price
- $0.08314
- Exchange Ticker
- POL-USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +6.14%
- OI
- $790.29K
- 24h Vol
- $925.66K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short257 long / 250 short samples · 2 days · auto-refresh every 30s