SPACEX · Convergence Trade
Current Spread (mark)
updated 44s ago+0.007%higher than 33% of spread values(window 1D)
long $137.8900 · short $137.9000
Entry Spread (order book)-0.082%on $10,000
long $137.9685 · short $137.8554(average execution prices, not mark)
market median $137.8900· long +0.0%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.01%, but entry and exit cost 0.33% 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 0.01% 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 | +$0.73 | -$49.27 | -$99.27 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(orderbook) | −$19.03 | −$19.03 | −$19.03 |
| Funding drag(est. 1h hold) | +$5.82 | +$5.82 | +$5.82 |
| Net potential | -$32.48 | -$82.48 | -$132.48 |
Breakeven move 0.3321%·Tradeability: 0.0× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.02%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 285 samples
Current
+0.007%
33 pct
Median
+0.018%
Average
+0.017%
P25 → P75
+0.000% … +0.033%
Range
-0.080% … +0.138%
Std dev
±0.028%
tf
LONG
KuCoin(cex)
KuCoin(cex)- Mark Price
- $137.8900
- Exchange Ticker
- SPCXUSDTM
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- -21.91%
- OI
- $13.10M
- 24h Vol
- $3.63M
SHORT
Bullet(dex)
Bullet(dex)- Mark Price
- $137.9000
- Exchange Ticker
- SPCX-USD
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(1h)
- +487.87%
- OI
- $135.46K
- 24h Vol
- $48.03K
285 long / 285 short samples · 2 days · auto-refresh every 30s