T · Convergence Trade
Sparse data (29% of expected samples) — statistics may be unreliable
Forward-fill used for gaps in mark-price history. Smaller window or current spread reading more trustworthy than long-range stats.
Profit 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 0.51% 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 | +$50.86 | +$0.86 | -$49.14 |
| Round-trip fees | −$23.00 | −$23.00 | −$23.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$10.71 | +$10.71 | +$10.71 |
| Net potential | +$38.57 | -$11.43 | -$61.43 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 1.07%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 136 samples
Live spread — order book
on size $10,000Rebuilt from stored order books (last 3h) and updated every ~15s while the page is open. IN is the spread to open the position, OUT is the spread to close it; positive means the trade works in your favour. Both are walked for your position size, so they already include what depth costs you.
KuCoin(cex)- Mark Price
- $0.004719
- Exchange Ticker
- TUSDTM
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -927.66%
- OI
- $1.70M
- 24h Vol
- $2.56M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Bybit(cex)- Mark Price
- $0.004743
- Exchange Ticker
- TUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(1h)
- +10.96%
- OI
- $2.29M
- 24h Vol
- $26.14M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short83 long / 84 short samples · 2 days · auto-refresh every 30s