S · Convergence Trade
Current Spread
updated 0s ago+0.081%higher than 80% of spread values(window 1D)
long $0.02468 · short $0.02470(long 5m / short 5m old)
market median $0.02468· long +0.0%· short +0.1%
Profit Calculator
Three scenarios: the current spread 0.08% 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 | +$8.10 | -$41.90 | -$91.90 |
| Round-trip fees | −$23.00 | −$23.00 | −$23.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.03 | −$0.03 | −$0.03 |
| Net potential | -$14.93 | -$64.93 | -$114.93 |
Breakeven move 0.2303%·Tradeability: 0.4× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~12mintypical time to exit(usually ~6min–~18min)
Exit target: spread compresses to the median 0.04% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 55 comparable episodes over 1D. Check the position roughly every ~1h.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 256 samples
Current
+0.081%
80 pct
Median
+0.000%
Average
-0.017%
P25 → P75
-0.081% … +0.041%
Range
-0.569% … +0.326%
Std dev
±0.113%
Size$
chart range
Loading Mark Prices…
Loading Price Spread…
LONG
Bybit(cex)
Bybit(cex)- Mark Price
- $0.02468
- Exchange Ticker
- SUSDT
- Taker / Maker
- 5.5 / 2 bps
- Funding APR(4h)
- +10.95%
- OI
- $2.53M
- 24h Vol
- $560.72K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Toobit(cex)
Toobit(cex)- Mark Price
- $0.02470
- Exchange Ticker
- S-SWAP-USDT
- Taker / Maker
- 6 / 2 bps
- Funding APR(4h)
- +8.28%
- OI
- $59.08K
- 24h Vol
- $404.20K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short240 long / 181 short samples · 2 days · auto-refresh every 30s