SPY · Convergence Trade
Current Spread (mark)
updated 1m ago+0.020%higher than 52% of spread values(window 1D)
long $752.0300 · short $752.1789(long 1m / short 1m old)
Entry Spread (order book)+0.014%on $10,000
long $751.8674 · short $751.9749(average execution prices, not mark)
market median $751.9500· long +0.0%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.02%, but entry and exit cost 0.24% 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 | +$1.98 | -$48.02 | -$98.02 |
| Round-trip fees | −$24.00 | −$24.00 | −$24.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.26 | +$0.26 | +$0.26 |
| Net potential | -$21.76 | -$71.76 | -$121.76 |
Breakeven move 0.2374%·Tradeability: 0.1× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.03%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 282 samples
Current
+0.020%
52 pct
Median
+0.018%
Average
+0.017%
P25 → P75
-0.003% … +0.037%
Range
-0.207% … +0.291%
Std dev
±0.045%
tf
LONG
WEEX(cex)
WEEX(cex)- Mark Price
- $752.0300
- Exchange Ticker
- SPYUSDT
- Taker / Maker
- 0.08% / 0.02%
- Funding APR(8h)
- -23.14%
- OI
- $609.02K
- 24h Vol
- $4.49M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Aster(dex)
Aster(dex)- Mark Price
- $752.1789
- Exchange Ticker
- SPYUSDT
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(8h)
- +0.00%
- OI
- $952.57K
- 24h Vol
- $874.53K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short270 long / 273 short samples · 2 days · auto-refresh every 30s