TRUMP · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 6m old+0.000%higher than 69% of spread values(window 1D)
long $1.0510 · short $1.0510(long 5m / short 6m old)
Entry Spread (order book)-0.288%on $10,000
long $1.0550 · short $1.0520(average execution prices, not mark)
market median $1.0528· long -0.2%· short -0.2%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.00%, but entry and exit cost 0.22% 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 0.00% 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 | +$0.00 | -$50.00 | -$100.00 |
| Round-trip fees | −$24.00 | −$24.00 | −$24.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$1.66 | +$1.66 | +$1.66 |
| Net potential | -$22.34 | -$72.34 | -$122.34 |
Breakeven move 0.2234%·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 0.09%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 281 samples
Current
+0.000%
69 pct
Median
+0.000%
Average
-0.019%
P25 → P75
-0.093% … +0.091%
Range
-0.647% … +0.756%
Std dev
±0.175%
tf
LONG
KuCoin(cex)
KuCoin(cex)- Mark Price
- $1.0510
- Exchange Ticker
- TRUMPUSDTM
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -88.54%
- OI
- $3.32M
- 24h Vol
- $9.10M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $1.0510
- Exchange Ticker
- TRUMPUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +56.88%
- OI
- $2.08M
- 24h Vol
- $4.89M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short260 long / 249 short samples · 2 days · auto-refresh every 30s