TRX · Convergence Trade
Sparse data (38% 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
This spread does not cover its own costs
The spread is 0.19%, but entry and exit cost 0.37% 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 0.19% 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 | +$19.28 | -$30.72 | -$80.72 |
| Round-trip fees | −$19.00 | −$19.00 | −$19.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$18.45 | +$18.45 | +$18.45 |
| Net potential | -$17.39 | -$67.39 | -$117.39 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.26%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 109 samples
Backpack(cex)- Mark Price
- $0.3371
- Exchange Ticker
- TRX_USDC_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- -946.41%
- OI
- $252.30K
- 24h Vol
- $362.73K
Decibel(dex)- Mark Price
- $0.3378
- Exchange Ticker
- TRX/USD
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +669.87%
- OI
- $5.98K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short108 long / 108 short samples · 2 days · auto-refresh every 30s