SPACEX · Convergence Trade
Current Spread (mark)
updated 1m ago+0.037%higher than 89% of spread values(window 1D)
long $140.3200 · short $140.3714(long 1m / short 55s old)
Entry Spread (order book)-0.007%on $10,000
long $140.3590 · short $140.3495(average execution prices, not mark)
market median $140.3697· long -0.0%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.04%, but entry and exit cost 0.20% 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 0.04% 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 | +$3.66 | -$46.34 | -$96.34 |
| Round-trip fees | −$19.00 | −$19.00 | −$19.00 |
| Slippage(orderbook) | −$13.08 | −$13.08 | −$13.08 |
| Funding drag(est. 1h hold) | +$11.84 | +$11.84 | +$11.84 |
| Net potential | -$16.58 | -$66.58 | -$116.58 |
Breakeven move 0.2024%·Tradeability: 0.2× 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 45 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 · 284 samples
Current
+0.037%
89 pct
Median
-0.007%
Average
-0.006%
P25 → P75
-0.021% … +0.014%
Range
-0.188% … +0.136%
Std dev
±0.041%
tf
LONG
Bybit(cex)
Bybit(cex)- Mark Price
- $140.3200
- Exchange Ticker
- SPCXUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(8h)
- +0.00%
- OI
- $37.42M
- 24h Vol
- $42.41M
SHORT
Bullet(dex)
Bullet(dex)- Mark Price
- $140.3714
- Exchange Ticker
- SPCX-USD
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(1h)
- +1037.61%
- OI
- $85.46K
- 24h Vol
- $93.74K
284 long / 284 short samples · 2 days · auto-refresh every 30s