STRC · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 2m old+0.091%higher than 44% of spread values(window 1D)
long $99.6990 · short $99.7896(long 1m / short 2m old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $99.7896· long -0.1%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Slippage is not in these figures yet — the order book is still loading. Breakeven is understated and tradeability overstated until it arrives; wait for the refresh before judging the trade.
Three scenarios: the current spread 0.09% 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 | +$9.09 | -$40.91 | -$90.91 |
| Round-trip fees | −$0.00 | −$0.00 | −$0.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | +$3.89 | -$46.11 | -$96.11 |
Breakeven move 0.0520%·Tradeability: 1.7× round-trip cost · marginal — barely covers costs
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.10%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 281 samples
Current
+0.091%
44 pct
Median
+0.097%
Average
+0.101%
P25 → P75
+0.075% … +0.121%
Range
+0.028% … +0.256%
Std dev
±0.032%
tf
LONG
Lighter(dex)
Lighter(dex)- Mark Price
- $99.6990
- Exchange Ticker
- STRC-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +0.00%
- OI
- $866.32K
- 24h Vol
- $614.88K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Variational(dex)
Variational(dex)- Mark Price
- $99.7896
- Exchange Ticker
- STRC
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- +0.00%
- OI
- $5.42M
- 24h Vol
- $893.68K
264 long / 253 short samples · 2 days · auto-refresh every 30s