SP500 · Convergence Trade
Current Spread (mark)
updated 0s ago+0.080%higher than 82% of spread values(window 1D)
long $7,777.9 · short $7,784.09(long 2m / short 2m old)
Entry Spread (order book)-0.179%on $10,000thin book — size does not fully fill
long $7,786.08 · short $7,772.17(average execution prices, not mark)
market median $7,787.25· long -0.1%· short -0.0%
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 | +$7.96 | -$42.04 | -$92.04 |
| Round-trip fees | −$14.00 | −$14.00 | −$14.00 |
| Slippage(orderbook) | −$38.56 | −$38.56 | −$38.56 |
| Funding drag(est. 1h hold) | +$0.08 | +$0.08 | +$0.08 |
| Net potential | -$44.52 | -$94.52 | -$144.52 |
Breakeven move 0.5248%·Tradeability: 0.2× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.39%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 277 samples
Current
+0.080%
82 pct
Median
-0.387%
Average
-0.284%
P25 → P75
-0.421% … -0.245%
Range
-0.469% … +0.191%
Std dev
±0.210%
Size$
chart range
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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
Pacifica(dex)
Pacifica(dex)- Mark Price
- $7,777.9
- Exchange Ticker
- SP500
- Taker / Maker
- 0.04% / 0.015%
- Funding APR(1h)
- +3.64%
- OI
- $422.05K
- 24h Vol
- $62.44K
SHORT
WOOFi Pro(dex)
WOOFi Pro(dex)- Mark Price
- $7,784.09
- Exchange Ticker
- PERP_SPX500_USDC
- Taker / Maker
- 0.03% / 0%
- Funding APR(8h)
- +10.95%
- OI
- $534.19K
- 24h Vol
- $77.84
274 long / 273 short samples · 2 days · auto-refresh every 30s