WLD · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 1m old+0.119%higher than 47% of spread values(window 1D)
long $0.4885 · short $0.4891(long 1m / short 20s old)
Entry Spread (order book)+0.082%on $10,000
long $0.4883 · short $0.4887(average execution prices, not mark)
market median $0.4891· long -0.1%· short -0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.12%, but entry and exit cost 0.18% 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 | +$11.90 | -$38.10 | -$88.10 |
| Round-trip fees | −$17.00 | −$17.00 | −$17.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.73 | +$0.73 | +$0.73 |
| Net potential | -$6.42 | -$56.42 | -$106.42 |
Breakeven move 0.1832%·Tradeability: 0.6× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.13%) — 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
+0.119%
47 pct
Median
+0.123%
Average
+0.118%
P25 → P75
+0.075% … +0.180%
Range
-0.631% … +0.733%
Std dev
±0.139%
tf
LONG
Extended(dex)
Extended(dex)- Mark Price
- $0.4885
- Exchange Ticker
- WLD-USD
- Taker / Maker
- 0.025% / 0%
- Funding APR(1h)
- -44.71%
- OI
- $45.62K
- 24h Vol
- $739.28K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $0.4891
- Exchange Ticker
- WLDUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +19.14%
- OI
- $6.04M
- 24h Vol
- $17.58M
278 long / 283 short samples · 1 day · auto-refresh every 30s