PUMP · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 4m old+0.539%higher than 98% of spread values(window 1D)
long $0.003282 · short $0.003299(long 2s / short 4m old)
Entry Spread (order book)-0.065%on $10,000
long $0.003285 · short $0.003282(average execution prices, not mark)
market median $0.003296· long -0.4%· short +0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit 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 0.54% 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 | +$53.89 | +$3.89 | -$46.11 |
| 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 | +$27.42 | -$22.58 | -$72.58 |
Breakeven move 0.2647%·Tradeability: 2.0× round-trip cost · marginal — barely covers costs
⏱ Hold time (estimated from history)
~6mintypical time to exit(usually ~6min–~12min)
Exit target: spread compresses to the median 0.11% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 15 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 · 279 samples
Current
+0.539%
98 pct
Median
-0.025%
Average
-0.024%
P25 → P75
-0.123% … +0.087%
Range
-1.046% … +0.774%
Std dev
±0.229%
tf
LONG
Binance Futures(cex)
Binance Futures(cex)- Mark Price
- $0.003282
- Exchange Ticker
- PUMPUSDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +5.52%
- OI
- $52.00M
- 24h Vol
- $116.55M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
grvt(dex)
grvt(dex)- Mark Price
- $0.003299
- Exchange Ticker
- PUMP_USDT_Perp
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(4h)
- +5.92%
- OI
- $877.94K
- 24h Vol
- $9.05M
258 long / 241 short samples · 2 days · auto-refresh every 30s