SP500 · Convergence Trade
Current Spread (mark)
updated 52s ago+0.016%higher than 69% of spread values(window 1D)
long $7,694.77 · short $7,696
Entry Spread (order book)-0.120%on $10,000
long $7,699.45 · short $7,690.2(average execution prices, not mark)
market median $7,692.8· long +0.0%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.02%, but entry and exit cost 0.40% 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 0.02% 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 | +$1.59 | -$48.41 | -$98.41 |
| Round-trip fees | −$17.00 | −$17.00 | −$17.00 |
| Slippage(orderbook) | −$24.11 | −$24.11 | −$24.11 |
| Funding drag(est. 1h hold) | +$0.66 | +$0.66 | +$0.66 |
| Net potential | -$38.86 | -$88.86 | -$138.86 |
Breakeven move 0.4045%·Tradeability: 0.0× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.03%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 282 samples
Current
+0.016%
69 pct
Median
-0.007%
Average
-0.007%
P25 → P75
-0.031% … +0.024%
Range
-0.169% … +0.106%
Std dev
±0.039%
tf
LONG
Aftermath(dex)
Aftermath(dex)- Mark Price
- $7,694.77
- Exchange Ticker
- US500
- Taker / Maker
- 0.045% / -0.005%
- Funding APR(1h)
- -46.87%
- OI
- $8.55K
- 24h Vol
- $178.52K
SHORT
Pacifica(dex)
Pacifica(dex)- Mark Price
- $7,696
- Exchange Ticker
- SP500
- Taker / Maker
- 0.04% / 0.015%
- Funding APR(1h)
- +10.96%
- OI
- $179.11K
- 24h Vol
- $52.78K
281 long / 282 short samples · 2 days · auto-refresh every 30s