TRX · Convergence Trade
Current Spread (mark)
updated 1m ago+0.016%higher than 75% of spread values(window 1D)
long $0.3102 · short $0.3102(long 1m / short 14s old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $0.3102· long +0.0%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.02%, but entry and exit cost 0.29% 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 0.02% 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 | +$1.61 | -$48.39 | -$98.39 |
| Round-trip fees | −$12.00 | −$12.00 | −$12.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.04 | +$0.04 | +$0.04 |
| Net potential | -$27.73 | -$77.73 | -$127.73 |
Breakeven move 0.2934%·Tradeability: 0.1× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.06%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 285 samples
Current
+0.016%
75 pct
Median
-0.026%
Average
-0.038%
P25 → P75
-0.099% … +0.017%
Range
-0.583% … +1.011%
Std dev
±0.136%
tf
LONG
KuCoin(cex)
KuCoin(cex)- Mark Price
- $0.3102
- Exchange Ticker
- TRXUSDTM
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(1h)
- +7.01%
- OI
- $17.10M
- 24h Vol
- $31.14M
SHORT
Lighter(dex)
Lighter(dex)- Mark Price
- $0.3102
- Exchange Ticker
- TRX-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +10.52%
- OI
- $489.82K
- 24h Vol
- $5.75M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short284 long / 285 short samples · 2 days · auto-refresh every 30s