SPACEX · Convergence Trade
Current Spread (mark)
updated 46s ago+0.015%higher than 75% of spread values(window 1D)
long $135.9900 · short $136.0100
Entry Spread (order book)-0.075%on $10,000
long $135.9900 · short $135.8874(average execution prices, not mark)
market median $136.0950· long -0.1%· short -0.1%
Size per leg$= $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 | +$1.47 | -$48.53 | -$98.53 |
| Round-trip fees | −$17.00 | −$17.00 | −$17.00 |
| Slippage(orderbook) | −$16.07 | −$16.07 | −$16.07 |
| Funding drag(est. 1h hold) | +$0.49 | +$0.49 | +$0.49 |
| Net potential | -$31.11 | -$81.11 | -$131.11 |
Breakeven move 0.3258%·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 · 284 samples
Current
+0.015%
75 pct
Median
-0.007%
Average
-0.003%
P25 → P75
-0.029% … +0.015%
Range
-0.442% … +0.366%
Std dev
±0.064%
tf
LONG
Ondo(dex)
Ondo(dex)- Mark Price
- $135.9900
- Exchange Ticker
- SPCX-USD.P
- Taker / Maker
- 0.035% / 0.015%
- Funding APR(1h)
- -37.87%
- OI
- $2.51M
- 24h Vol
- $16.99M
SHORT
Crypto.com(cex)
Crypto.com(cex)- Mark Price
- $136.0100
- Exchange Ticker
- SPCXUSD-PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- +5.01%
- OI
- $502.31K
- 24h Vol
- $1.65M
283 long / 282 short samples · 2 days · auto-refresh every 30s