SIREN · Convergence Trade
Current Spread
updated 0s ago+1.025%higher than 78% of spread values(window 1D)
long $0.02732 · short $0.02760(long 5m / short 1m old)
market median $0.02734· long -0.1%· short +1.0%
Profit Calculator
Three scenarios: the current spread 1.02% 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 | +$102.49 | +$52.49 | +$2.49 |
| Round-trip fees | −$22.00 | −$22.00 | −$22.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$1.02 | +$1.02 | +$1.02 |
| Net potential | +$81.51 | +$31.51 | -$18.49 |
Breakeven move 0.2098%·Tradeability: 4.9× round-trip cost · acceptable margin
⏱ Hold time (estimated from history)
~12mintypical time to exit(usually ~6min–~18min)
Exit target: spread compresses to the median 0.85% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 48 comparable episodes over 1D. Check the position roughly every ~1h.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 241 samples
Current
+1.025%
78 pct
Median
+0.852%
Average
+0.819%
P25 → P75
+0.637% … +1.005%
Range
-0.352% … +3.380%
Std dev
±0.356%
Size$
chart range
Loading Mark Prices…
Loading Price Spread…
LONG
KuCoin(cex)
KuCoin(cex)- Mark Price
- $0.02732
- Exchange Ticker
- SIRENUSDTM
- Taker / Maker
- 6 / 2 bps
- Funding APR(4h)
- +150.89%
- OI
- $2.84M
- 24h Vol
- $741.37K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
HTX(cex)
HTX(cex)- Mark Price
- $0.02760
- Exchange Ticker
- SIREN-USDT
- Taker / Maker
- 5 / 2 bps
- Funding APR(4h)
- +240.57%
- OI
- $25.70K
- 24h Vol
- $5.95K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short168 long / 194 short samples · 2 days · auto-refresh every 30s