SPACEX · Convergence Trade
Current Spread (mark)
updated 39s ago+0.026%higher than 82% of spread values(window 1D)
long $136.0840 · short $136.1200
Entry Spread (order book)+0.015%on $10,000
long $136.0900 · short $136.1102(average execution prices, not mark)
market median $136.0870· long -0.0%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.03%, but entry and exit cost 0.25% 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 0.03% 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 | +$2.65 | -$47.35 | -$97.35 |
| Round-trip fees | −$22.00 | −$22.00 | −$22.00 |
| Slippage(orderbook) | −$2.92 | −$2.92 | −$2.92 |
| Funding drag(est. 1h hold) | +$0.06 | +$0.06 | +$0.06 |
| Net potential | -$22.21 | -$72.21 | -$122.21 |
Breakeven move 0.2486%·Tradeability: 0.1× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~12mintypical time to exit(usually ~6min–~18min)
Exit target: spread compresses to the median 0.02% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 49 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 · 283 samples
Current
+0.026%
82 pct
Median
+0.007%
Average
+0.002%
P25 → P75
-0.020% … +0.021%
Range
-0.164% … +0.190%
Std dev
±0.038%
tf
LONG
Binance Futures(cex)
Binance Futures(cex)- Mark Price
- $136.0840
- Exchange Ticker
- SPCXUSDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +0.00%
- OI
- $365.85M
- 24h Vol
- $1468.20M
SHORT
Phemex(cex)
Phemex(cex)- Mark Price
- $136.1200
- Exchange Ticker
- SPCXUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(8h)
- +5.48%
- OI
- $2.48M
- 24h Vol
- $20.58M
283 long / 283 short samples · 2 days · auto-refresh every 30s