SPACEX · Convergence Trade
Current Spread (mark)
updated 46s ago+0.048%higher than 71% of spread values(window 1D)
long $136.0148 · short $136.0800
Entry Spread (order book)+0.032%on $10,000
long $136.0312 · short $136.0745(average execution prices, not mark)
market median $136.1283· long -0.1%· short -0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.05%, but entry and exit cost 0.27% 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 0.05% 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 | +$4.79 | -$45.21 | -$95.21 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(orderbook) | −$7.21 | −$7.21 | −$7.21 |
| Funding drag(est. 1h hold) | +$0.04 | +$0.04 | +$0.04 |
| Net potential | -$22.38 | -$72.38 | -$122.38 |
Breakeven move 0.2717%·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 0.04% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 43 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 · 285 samples
Current
+0.048%
71 pct
Median
+0.021%
Average
+0.023%
P25 → P75
-0.011% … +0.055%
Range
-0.192% … +0.315%
Std dev
±0.062%
tf
LONG
QFEX(dex)
QFEX(dex)- Mark Price
- $136.0148
- Exchange Ticker
- SPCX-USD
- Taker / Maker
- 0.1% / 0.05%
- Funding APR(1h)
- +0.00%
- OI
- $1.51M
- 24h Vol
- $6.07M
SHORT
Lighter Robinhood(dex)
Lighter Robinhood(dex)- Mark Price
- $136.0800
- Exchange Ticker
- SPCX-USDG
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +3.51%
- OI
- $4.46M
- 24h Vol
- $6.60M
285 long / 285 short samples · 2 days · auto-refresh every 30s