TRX · Convergence Trade
Current Spread (mark)
updated 52s ago+0.016%higher than 97% of spread values(window 1D)
long $0.3133 · short $0.3133
Entry Spread (order book)-0.055%on $10,000
long $0.3133 · short $0.3132(average execution prices, not mark)
market median $0.3133· long -0.0%· short +0.0%
Size per leg$= $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 0.34% 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 | +$1.60 | -$48.40 | -$98.40 |
| Round-trip fees | −$25.00 | −$25.00 | −$25.00 |
| Slippage(orderbook) | −$8.84 | −$8.84 | −$8.84 |
| Funding drag(est. 1h hold) | +$0.00 | +$0.00 | +$0.00 |
| Net potential | -$32.24 | -$82.24 | -$132.24 |
Breakeven move 0.3384%·Tradeability: 0.0× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~6mintypical time to exit(usually ~6min–~18min)
Exit target: spread compresses to the median 0.01% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 42 comparable episodes over 1D. Check the position roughly every ~1h.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 283 samples
Current
+0.016%
97 pct
Median
-0.006%
Average
-0.005%
P25 → P75
-0.010% … +0.000%
Range
-0.057% … +0.045%
Std dev
±0.012%
tf
LONG
OKX(cex)
- Mark Price
- $0.3133
- Exchange Ticker
- TRX-USDT-SWAP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +1.02%
- OI
- $22.95M
- 24h Vol
- $8.63M
SHORT
Gate.io(cex)
- Mark Price
- $0.3133
- Exchange Ticker
- TRX_USDT
- Taker / Maker
- 0.075% / -0.01%
- Funding APR(8h)
- +1.31%
- OI
- $40.06M
- 24h Vol
- $3.27M
281 long / 283 short samples · 2 days · auto-refresh every 30s