WLD · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 1m old+0.216%higher than 99% of spread values(window 1D)
long $0.2778 · short $0.2784(long 11s / short 1m old)
Entry Spread (order book)-0.112%on $10,000
long $0.2779 · short $0.2776(average execution prices, not mark)
market median $0.2778· long +0.0%· short +0.2%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Slippage is not in these figures yet — the order book is still loading. Breakeven is understated and tradeability overstated until it arrives; wait for the refresh before judging the trade.
Three scenarios: the current spread 0.22% 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 | +$21.60 | -$28.40 | -$78.40 |
| Round-trip fees | −$12.00 | −$12.00 | −$12.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.20 | +$0.20 | +$0.20 |
| Net potential | +$6.21 | -$43.79 | -$93.79 |
Breakeven move 0.1539%·Tradeability: 1.4× round-trip cost · marginal — barely covers costs
⏱ Hold time (estimated from history)
~12mintypical time to exit(usually ~6min–~12min)
Exit target: spread compresses to the median 0.05% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 18 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 · 283 samples
Current
+0.216%
99 pct
Median
+0.000%
Average
-0.008%
P25 → P75
-0.053% … +0.051%
Range
-0.552% … +0.323%
Std dev
±0.103%
tf
LONG
MEXC(cex)
- Mark Price
- $0.2778
- Exchange Ticker
- WLD_USDT
- Taker / Maker
- 0.02% / 0%
- Funding APR(8h)
- -35.17%
- OI
- $30.74M
- 24h Vol
- $24.14M
SHORT
Aster(dex)
- Mark Price
- $0.2784
- Exchange Ticker
- WLDUSDT
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(8h)
- -17.64%
- OI
- $666.66K
- 24h Vol
- $395.06K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short281 long / 283 short samples · 2 days · auto-refresh every 30s