TRUMP · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 4m old+0.009%higher than 56% of spread values(window 1D)
long $1.0499 · short $1.0500(long 2m / short 4m old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $1.0500· long -0.0%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.01%, but entry and exit cost 0.30% 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 0.01% 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 | +$0.95 | -$49.05 | -$99.05 |
| Round-trip fees | −$21.00 | −$21.00 | −$21.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$1.54 | +$1.54 | +$1.54 |
| Net potential | -$28.67 | -$78.67 | -$128.67 |
Breakeven move 0.2962%·Tradeability: 0.0× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.10%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 282 samples
Current
+0.009%
56 pct
Median
-0.027%
Average
-0.020%
P25 → P75
-0.131% … +0.073%
Range
-0.540% … +0.701%
Std dev
±0.170%
tf
LONG
Bullpen(dex)
Bullpen(dex)- Mark Price
- $1.0499
- Exchange Ticker
- TRUMP
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- -66.22%
- OI
- $7.30M
- 24h Vol
- $3.59M
SHORT
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $1.0500
- Exchange Ticker
- TRUMPUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +68.44%
- OI
- $2.08M
- 24h Vol
- $4.90M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short254 long / 251 short samples · 2 days · auto-refresh every 30s