WLD · Convergence Trade
Current Spread (mark)
updated 53s ago+0.073%higher than 52% of spread values(window 1D)
long $0.3706 · short $0.3709
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $0.3709· long -0.1%· short -0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.07%, but entry and exit cost 1.86% 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 0.07% 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 | +$7.29 | -$42.71 | -$92.71 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$1.25 | +$1.25 | +$1.25 |
| Net potential | -$179.04 | -$229.04 | -$279.04 |
Breakeven move 1.8633%·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 0.07%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 282 samples
Current
+0.073%
52 pct
Median
+0.071%
Average
+0.071%
P25 → P75
+0.026% … +0.104%
Range
-0.304% … +0.431%
Std dev
±0.086%
tf
LONG
Crypto.com(cex)
Crypto.com(cex)- Mark Price
- $0.3706
- Exchange Ticker
- WLDUSD-PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- -83.97%
- OI
- $41.46K
- 24h Vol
- $30.26K
SHORT
N1(dex)
N1(dex)- Mark Price
- $0.3709
- Exchange Ticker
- WLD
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(1h)
- +25.42%
- OI
- $236.40
- 24h Vol
- $6.46K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short282 long / 282 short samples · 2 days · auto-refresh every 30s