SPACEX · Convergence Trade
Current Spread (mark)
updated 52s ago+0.017%higher than 58% of spread values(window 1D)
long $136.0000 · short $136.0231
Entry Spread (order book)-0.099%on $10,000
long $136.0200 · short $135.8854(average execution prices, not mark)
market median $136.1283· long -0.1%· short -0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.02%, but entry and exit cost 0.38% 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 0.02% 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 | +$1.70 | -$48.30 | -$98.30 |
| Round-trip fees | −$14.60 | −$14.60 | −$14.60 |
| Slippage(orderbook) | −$23.87 | −$23.87 | −$23.87 |
| Funding drag(est. 1h hold) | +$0.22 | +$0.22 | +$0.22 |
| Net potential | -$36.55 | -$86.55 | -$136.55 |
Breakeven move 0.3825%·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
+0.017%
58 pct
Median
+0.010%
Average
+0.015%
P25 → P75
-0.007% … +0.034%
Range
-0.328% … +0.191%
Std dev
±0.050%
tf
LONG
Ondo(dex)
Ondo(dex)- Mark Price
- $136.0000
- Exchange Ticker
- SPCX-USD.P
- Taker / Maker
- 0.035% / 0.015%
- Funding APR(1h)
- +5.52%
- OI
- $2.52M
- 24h Vol
- $16.91M
SHORT
edgeX V2(dex)
edgeX V2(dex)- Mark Price
- $136.0231
- Exchange Ticker
- SPCXUSDC
- Taker / Maker
- 0.038% / 0.018%
- Funding APR(4h)
- +24.62%
- OI
- $1.63M
- 24h Vol
- $570.82K
284 long / 285 short samples · 2 days · auto-refresh every 30s