STABLE · Convergence Trade
Current Spread
updated 0s ago+0.010%higher than 13% of spread values(window 1D)
long $0.03571 · short $0.03571(long 1m / short 4m old)
market median $0.03588· long -0.5%· short -0.5%
Profit Calculator
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% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$1.01 | -$48.99 | -$98.99 |
| Round-trip fees | −$18.00 | −$18.00 | −$18.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$1.16 | +$1.16 | +$1.16 |
| Net potential | -$15.83 | -$65.83 | -$115.83 |
Breakeven move 0.1684%·Tradeability: 0.1× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.29%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 251 samples
Current
+0.010%
13 pct
Median
+0.271%
Average
+0.299%
P25 → P75
+0.138% … +0.414%
Range
-0.869% … +3.948%
Std dev
±0.400%
Size$
chart range
Loading Mark Prices…
Loading Price Spread…
LONG
Gate.io(cex)
Gate.io(cex)- Mark Price
- $0.03571
- Exchange Ticker
- STABLE_USDT
- Taker / Maker
- 5 / 2 bps
- Funding APR(4h)
- -135.78%
- OI
- $337.21K
- 24h Vol
- $633.21K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Aster(dex)
Aster(dex)- Mark Price
- $0.03571
- Exchange Ticker
- STABLEUSDT
- Taker / Maker
- 4 / 1 bps
- Funding APR(1h)
- -33.87%
- OI
- $51.60K
- 24h Vol
- $38.03K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short179 long / 207 short samples · 2 days · auto-refresh every 30s