SPACEX · Convergence Trade
Current Spread (mark)
updated 1m ago+0.198%higher than 59% of spread values(window 1D)
long $143.5300 · short $143.8139(long 14s / short 1m old)
Entry Spread (order book)+0.113%on $10,000
long $143.3807 · short $143.5420(average execution prices, not mark)
market median $143.7139· long -0.1%· short +0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Three scenarios: the current spread 0.20% 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 | +$19.78 | -$30.22 | -$80.22 |
| Round-trip fees | −$12.50 | −$12.50 | −$12.50 |
| Slippage(orderbook) | −$7.60 | −$7.60 | −$7.60 |
| Funding drag(est. 1h hold) | +$4.70 | +$4.70 | +$4.70 |
| Net potential | +$4.38 | -$45.62 | -$95.62 |
Breakeven move 0.1540%·Tradeability: 1.3× round-trip cost · marginal — barely covers costs
⏱ 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 · 284 samples
Current
+0.198%
59 pct
Median
+0.190%
Average
+0.192%
P25 → P75
+0.167% … +0.216%
Range
+0.040% … +0.348%
Std dev
±0.047%
tf
LONG
Arcus(dex)
- Mark Price
- $143.5300
- Exchange Ticker
- SPCX-USD
- Taker / Maker
- 0.0225% / 0%
- Funding APR(1h)
- -8.61%
- OI
- $992.49K
- 24h Vol
- $5.10M
SHORT
Bullet(dex)
- Mark Price
- $143.8139
- Exchange Ticker
- SPCX-USD
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(1h)
- +403.01%
- OI
- $87.41K
- 24h Vol
- $128.86K
284 long / 284 short samples · 2 days · auto-refresh every 30s