TAO · Convergence Trade
Current Spread
updated 0s ago+0.063%higher than 74% of spread values(window 1D)
long $199.4636 · short $199.5900(long 5m / short 3m old)
market median $199.4000· long +0.0%· short +0.1%
Profit Calculator
Three scenarios: the current spread 0.06% 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 | +$6.34 | -$43.66 | -$93.66 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(orderbook) | −$4.01 | −$4.01 | −$4.01 |
| Funding drag(est. 1h hold) | +$0.69 | +$0.69 | +$0.69 |
| Net potential | -$16.98 | -$66.98 | -$116.98 |
Breakeven move 0.2332%·Tradeability: 0.3× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.09%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 240 samples
Current
+0.063%
74 pct
Median
-0.010%
Average
-0.022%
P25 → P75
-0.119% … +0.068%
Range
-0.764% … +1.050%
Std dev
±0.255%
Size$
chart range
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LONG
Bullet(dex)
Bullet(dex)- Mark Price
- $199.4636
- Exchange Ticker
- TAO-USD
- Taker / Maker
- 4 / 1 bps
- Funding APR(1h)
- -9.69%
- OI
- $18.46K
- 24h Vol
- $6.01K
SHORT
BloFin(cex)
BloFin(cex)- Mark Price
- $199.5900
- Exchange Ticker
- TAO-USDT
- Taker / Maker
- 6 / 2 bps
- Funding APR(4h)
- +50.78%
- OI
- $3.36M
- 24h Vol
- $2.05M
237 long / 108 short samples · 2 days · auto-refresh every 30s