PUMP · Convergence Trade
Current Spread
updated 0s ago+0.455%higher than 91% of spread values(window 1D)
long $0.001977 · short $0.001986(long 5m / short 1m old)
market median $0.001986· long -0.5%· short +0.0%
Profit Calculator
Three scenarios: the current spread 0.46% 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 | +$45.52 | -$4.48 | -$54.48 |
| Round-trip fees | −$22.00 | −$22.00 | −$22.00 |
| Slippage(orderbook) | −$388.50 | −$388.50 | −$388.50 |
| Funding drag(est. 1h hold) | +$0.50 | +$0.50 | +$0.50 |
| Net potential | -$364.48 | -$414.48 | -$464.48 |
Breakeven move 4.1000%·Tradeability: 0.1× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~18mintypical time to exit(usually ~6min–~30min)
Exit target: spread compresses to the median 0.15% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 32 comparable episodes over 1D. Check the position roughly every ~1h.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 203 samples
Current
+0.455%
91 pct
Median
-0.049%
Average
-0.044%
P25 → P75
-0.200% … +0.102%
Range
-1.415% … +2.121%
Std dev
±0.444%
Size$
chart range
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LONG
BingX(cex)
- Mark Price
- $0.001977
- Exchange Ticker
- PUMP-USDT
- Taker / Maker
- 5 / 2 bps
- Funding APR(4h)
- +8.76%
- OI
- $11.27M
- 24h Vol
- $13.23M
SHORT
BloFin(cex)
- Mark Price
- $0.001986
- Exchange Ticker
- PUMP-USDT
- Taker / Maker
- 6 / 2 bps
- Funding APR(4h)
- +52.17%
- OI
- $2.99M
- 24h Vol
- $4.21M
174 long / 126 short samples · 2 days · auto-refresh every 30s