UNI · Convergence Trade
Current Spread (mark)
updated 55s ago+0.204%higher than 94% of spread values(window 1D)
long $6.9126 · short $6.9267
Entry Spread (order book)-0.222%on $10,000
long $6.9517 · short $6.9362(average execution prices, not mark)
market median $6.9295· long -0.2%· short -0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.20%, but entry and exit cost 0.76% 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 0.20% 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 | +$20.44 | -$29.56 | -$79.56 |
| Round-trip fees | −$18.00 | −$18.00 | −$18.00 |
| Slippage(orderbook) | −$59.40 | −$59.40 | −$59.40 |
| Funding drag(est. 1h hold) | +$1.00 | +$1.00 | +$1.00 |
| Net potential | -$55.96 | -$105.96 | -$155.96 |
Breakeven move 0.7640%·Tradeability: 0.3× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~12mintypical time to exit(usually ~6min–~18min)
Exit target: spread compresses to the median 0.15% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 30 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 · 284 samples
Current
+0.204%
94 pct
Median
+0.147%
Average
+0.147%
P25 → P75
+0.121% … +0.173%
Range
-0.021% … +0.251%
Std dev
±0.039%
tf
LONG
dYdX(dex)
dYdX(dex)- Mark Price
- $6.9126
- Exchange Ticker
- UNI-USD
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(1h)
- +0.01%
- OI
- $68.09K
- 24h Vol
- $9.17K
SHORT
Bullet(dex)
Bullet(dex)- Mark Price
- $6.9267
- Exchange Ticker
- UNI-USD
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(1h)
- +87.66%
- OI
- $20.02K
- 24h Vol
- $97.10K
284 long / 284 short samples · 2 days · auto-refresh every 30s