SP500 · Convergence Trade
Current Spread
updated 0s ago+0.069%higher than 93% of spread values(window 1D)
long $7,518.1 · short $7,523.25(long 1m / short 2m old)
Profit Calculator
Three scenarios: the current spread 0.07% 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 | +$6.85 | -$43.15 | -$93.15 |
| Round-trip fees | −$19.00 | −$19.00 | −$19.00 |
| Slippage(orderbook) | −$55.60 | −$55.60 | −$55.60 |
| Funding drag(est. 1h hold) | +$0.42 | +$0.42 | +$0.42 |
| Net potential | -$67.33 | -$117.33 | -$167.33 |
Breakeven move 0.7418%·Tradeability: 0.1× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.19%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 282 samples
Current
+0.069%
93 pct
Median
-0.194%
Average
-0.139%
P25 → P75
-0.293% … +0.046%
Range
-0.444% … +0.198%
Std dev
±0.173%
Size$
chart range
Loading Mark Prices…
Loading Price Spread…
Live spread — order book
on size $10,000Collecting live order-book data…
Rebuilt from stored order books (last 3h) and updated every ~15s while the page is open. IN is the spread to open the position, OUT is the spread to close it; positive means the trade works in your favour. Both are walked for your position size, so they already include what depth costs you.
LONG
Ondo(dex)
Ondo(dex)- Mark Price
- $7,518.1
- Exchange Ticker
- US500-USD.P
- Taker / Maker
- 0.035% / 0.015%
- Funding APR(1h)
- -58.17%
- OI
- $9.82M
- 24h Vol
- $7.97M
SHORT
BitMart(cex)
BitMart(cex)- Mark Price
- $7,523.25
- Exchange Ticker
- SPX500USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- -21.68%
- OI
- $8.64M
- 24h Vol
- $1.52M
282 long / 282 short samples · 2 days · auto-refresh every 30s