PUMP · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 3m old+0.122%higher than 63% of spread values(window 1D)
long $0.003277 · short $0.003281(long 3m / short 39s old)
Entry Spread (order book)+0.036%on $10,000
long $0.003277 · short $0.003278(average execution prices, not mark)
market median $0.003281· long -0.1%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.12%, but entry and exit cost 0.24% 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 0.12% 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 | +$12.21 | -$37.79 | -$87.79 |
| Round-trip fees | −$12.00 | −$12.00 | −$12.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.02 | −$0.02 | −$0.02 |
| Net potential | -$12.01 | -$62.01 | -$112.01 |
Breakeven move 0.2422%·Tradeability: 0.5× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.14%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 283 samples
Current
+0.122%
63 pct
Median
+0.060%
Average
+0.063%
P25 → P75
-0.066% … +0.202%
Range
-0.947% … +1.128%
Std dev
±0.253%
tf
LONG
Variational(dex)
Variational(dex)- Mark Price
- $0.003277
- Exchange Ticker
- PUMPFUN
- Taker / Maker
- 0% / 0%
- Funding APR(4h)
- +8.79%
- OI
- $3.30M
- 24h Vol
- $922.01K
SHORT
BloFin(cex)
BloFin(cex)- Mark Price
- $0.003281
- Exchange Ticker
- PUMP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +6.68%
- OI
- $2.47M
- 24h Vol
- $4.70M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short252 long / 253 short samples · 2 days · auto-refresh every 30s