POL · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 5m old+0.015%higher than 62% of spread values(window 1D)
long $0.08310 · short $0.08311(long 5m / short 4m old)
Entry Spread (order book)-0.172%on $10,000
long $0.08318 · short $0.08304(average execution prices, not mark)
market median $0.08310· long +0.0%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.02%, but entry and exit cost 0.31% 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 0.02% 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 | +$1.55 | -$48.45 | -$98.45 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | -$29.39 | -$79.39 | -$129.39 |
Breakeven move 0.3094%·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 0.07%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 278 samples
Current
+0.015%
62 pct
Median
-0.012%
Average
-0.010%
P25 → P75
-0.079% … +0.056%
Range
-0.495% … +0.579%
Std dev
±0.135%
tf
LONG
Binance Futures(cex)
Binance Futures(cex)- Mark Price
- $0.08310
- Exchange Ticker
- POLUSDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- -4.08%
- OI
- $11.11M
- 24h Vol
- $9.85M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
grvt(dex)
grvt(dex)- Mark Price
- $0.08311
- Exchange Ticker
- POL_USDT_Perp
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(4h)
- -4.16%
- OI
- $733.37K
- 24h Vol
- $3.31M
258 long / 242 short samples · 2 days · auto-refresh every 30s