UNI · Convergence Trade
Current Spread (mark)
updated 44s ago+0.200%higher than 93% of spread values(window 1D)
long $7.0272 · short $7.0413
Entry Spread (order book)-0.640%on $10,000
long $7.0818 · short $7.0365(average execution prices, not mark)
market median $7.0302· long -0.0%· short +0.2%
Size per leg$= $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 1.84% 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 | +$20.01 | -$29.99 | -$79.99 |
| Round-trip fees | −$25.60 | −$25.60 | −$25.60 |
| Slippage(orderbook) | −$159.59 | −$159.59 | −$159.59 |
| Funding drag(est. 1h hold) | +$1.00 | +$1.00 | +$1.00 |
| Net potential | -$164.18 | -$214.18 | -$264.18 |
Breakeven move 1.8419%·Tradeability: 0.1× 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 0.10% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 31 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 · 282 samples
Current
+0.200%
93 pct
Median
+0.091%
Average
+0.086%
P25 → P75
+0.038% … +0.142%
Range
-0.173% … +0.337%
Std dev
±0.085%
tf
LONG
Perpl(dex)
Perpl(dex)- Mark Price
- $7.0272
- Exchange Ticker
- UNI
- Taker / Maker
- 0.088% / 0.05%
- Funding APR(43m)
- +0.00%
- OI
- $9.88K
- 24h Vol
- $22.09K
SHORT
Bullet(dex)
Bullet(dex)- Mark Price
- $7.0413
- Exchange Ticker
- UNI-USD
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(1h)
- +87.66%
- OI
- $20.35K
- 24h Vol
- $97.16K
282 long / 282 short samples · 2 days · auto-refresh every 30s