UNI · Convergence Trade
Current Spread (mark)
updated 32s ago+0.018%higher than 16% of spread values(window 1D)
long $5.5102 · short $5.5112
Entry Spread (order book)+0.053%on $10,000
long $5.5082 · short $5.5111(average execution prices, not mark)
market median $5.5140· long -0.1%· short -0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.02%, but entry and exit cost 0.08% 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 | +$1.78 | -$48.22 | -$98.22 |
| Round-trip fees | −$8.00 | −$8.00 | −$8.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.06 | +$0.06 | +$0.06 |
| Net potential | -$6.16 | -$56.16 | -$106.16 |
Breakeven move 0.0794%·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 · 284 samples
Current
+0.018%
16 pct
Median
+0.104%
Average
+0.100%
P25 → P75
+0.052% … +0.157%
Range
-0.403% … +0.585%
Std dev
±0.104%
tf
LONG
Variational(dex)
Variational(dex)- Mark Price
- $5.5102
- Exchange Ticker
- UNI
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- +4.63%
- OI
- $1.60M
- 24h Vol
- $1.13M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Aster(dex)
Aster(dex)- Mark Price
- $5.5112
- Exchange Ticker
- UNIUSDT
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(8h)
- +9.64%
- OI
- $581.22K
- 24h Vol
- $943.87K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short284 long / 284 short samples · 2 days · auto-refresh every 30s