TRUMP · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 5m old+0.073%higher than 39% of spread values(window 1D)
long $1.0540 · short $1.0548(long 2m / short 5m old)
Entry Spread (order book)-0.065%on $10,000
long $1.0567 · short $1.0560(average execution prices, not mark)
market median $1.0556· long -0.2%· short -0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.07%, but entry and exit cost 0.10% 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 0.07% 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 | +$7.27 | -$42.73 | -$92.73 |
| Round-trip fees | −$10.00 | −$10.00 | −$10.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.14 | −$0.14 | −$0.14 |
| Net potential | -$2.87 | -$52.87 | -$102.87 |
Breakeven move 0.1014%·Tradeability: 0.7× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.14%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 280 samples
Current
+0.073%
39 pct
Median
+0.116%
Average
+0.107%
P25 → P75
+0.014% … +0.208%
Range
-0.650% … +0.853%
Std dev
±0.196%
tf
LONG
Variational(dex)
Variational(dex)- Mark Price
- $1.0540
- Exchange Ticker
- TRUMP
- Taker / Maker
- 0% / 0%
- Funding APR(4h)
- -27.07%
- OI
- $515.17K
- 24h Vol
- $956.40K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Binance Futures(cex)
Binance Futures(cex)- Mark Price
- $1.0548
- Exchange Ticker
- TRUMPUSDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- -39.43%
- OI
- $27.45M
- 24h Vol
- $51.30M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short252 long / 258 short samples · 2 days · auto-refresh every 30s