RIVER · Convergence Trade
Current Spread
updated 0s ago+0.150%higher than 89% of spread values(window 1D)
long $3.3260 · short $3.3310(long 23m / short 11m old)
market median $3.3323· long -0.2%· short -0.0%
Profit Calculator
Three scenarios: the current spread 0.15% 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 | +$15.03 | -$34.97 | -$84.97 |
| Round-trip fees | −$24.00 | −$24.00 | −$24.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | -$8.97 | -$58.97 | -$108.97 |
Breakeven move 0.2400%·Tradeability: 0.6× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.15%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 265 samples
Current
+0.150%
89 pct
Median
-0.089%
Average
-0.078%
P25 → P75
-0.175% … +0.029%
Range
-0.873% … +0.858%
Std dev
±0.218%
Size$
chart range
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LONG
Bitget(cex)
Bitget(cex)- Mark Price
- $3.3260
- Exchange Ticker
- RIVERUSDT
- Taker / Maker
- 6 / 2 bps
- Funding APR(4h)
- +10.95%
- OI
- $5.28M
- 24h Vol
- $1.16M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
KuCoin(cex)
KuCoin(cex)- Mark Price
- $3.3310
- Exchange Ticker
- RIVERUSDTM
- Taker / Maker
- 6 / 2 bps
- Funding APR(4h)
- +10.95%
- OI
- $3.30M
- 24h Vol
- $4.63M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short229 long / 180 short samples · 2 days · auto-refresh every 30s