UNI · Convergence Trade
Current Spread (mark)
updated 58s ago+0.115%higher than 54% of spread values(window 1D)
long $5.5477 · short $5.5541
Entry Spread (order book)-0.052%on $10,000
long $5.5504 · short $5.5475(average execution prices, not mark)
market median $5.5470· long +0.0%· short +0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.12%, but entry and exit cost 0.48% 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 0.12% 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 | +$11.54 | -$38.46 | -$88.46 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.68 | +$0.68 | +$0.68 |
| Net potential | -$36.43 | -$86.43 | -$136.43 |
Breakeven move 0.4797%·Tradeability: 0.2× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.11%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 283 samples
Current
+0.115%
54 pct
Median
+0.112%
Average
+0.110%
P25 → P75
+0.071% … +0.146%
Range
-0.266% … +0.420%
Std dev
±0.090%
tf
LONG
Crypto.com(cex)
Crypto.com(cex)- Mark Price
- $5.5477
- Exchange Ticker
- UNIUSD-PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- -32.45%
- OI
- $45.64K
- 24h Vol
- $66.64K
SHORT
Backpack(cex)
Backpack(cex)- Mark Price
- $5.5541
- Exchange Ticker
- UNI_USDC_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- +26.95%
- OI
- $744.04K
- 24h Vol
- $571.38K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short280 long / 283 short samples · 2 days · auto-refresh every 30s