TSLA · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 5m old+0.004%higher than 56% of spread values(window 1D)
long $389.2848 · short $389.3000(long 5m / short 4m old)
Entry Spread (order book)-0.064%on $10,000
long $389.4020 · short $389.1546(average execution prices, not mark)
market median $389.2250· long +0.0%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.00%, 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 0.00% 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 | +$0.39 | -$49.61 | -$99.61 |
| Round-trip fees | −$18.00 | −$18.00 | −$18.00 |
| Slippage(orderbook) | −$11.34 | −$11.34 | −$11.34 |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | -$28.95 | -$78.95 | -$128.95 |
Breakeven move 0.2934%·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 0.04%) — 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
+0.004%
56 pct
Median
-0.002%
Average
+0.004%
P25 → P75
-0.031% … +0.049%
Range
-0.435% … +0.857%
Std dev
±0.102%
tf
LONG
Aster(dex)
Aster(dex)- Mark Price
- $389.2848
- Exchange Ticker
- TSLAUSDT
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(8h)
- +0.00%
- OI
- $905.59K
- 24h Vol
- $1.23M
SHORT
grvt(dex)
grvt(dex)- Mark Price
- $389.3000
- Exchange Ticker
- TSLA_USDT_Perp
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(8h)
- +0.00%
- OI
- $882.14K
- 24h Vol
- $2.39M
258 long / 241 short samples · 2 days · auto-refresh every 30s