WLD · Convergence Trade
Current Spread (mark)
updated 1m ago+0.036%higher than 80% of spread values(window 1D)
long $0.2788 · short $0.2789(long 59s / short 1m old)
Entry Spread (order book)-0.105%on $10,000
long $0.2782 · short $0.2779(average execution prices, not mark)
market median $0.2788· long +0.0%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.04%, but entry and exit cost 0.19% 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 0.04% 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 | +$3.59 | -$46.41 | -$96.41 |
| Round-trip fees | −$16.00 | −$16.00 | −$16.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.89 | +$0.89 | +$0.89 |
| Net potential | -$15.10 | -$65.10 | -$115.10 |
Breakeven move 0.1869%·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 0.04%) — 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
+0.036%
80 pct
Median
+0.000%
Average
-0.010%
P25 → P75
-0.035% … +0.035%
Range
-0.586% … +0.351%
Std dev
±0.102%
tf
LONG
MEXC(cex)
MEXC(cex)- Mark Price
- $0.2788
- Exchange Ticker
- WLD_USDT
- Taker / Maker
- 0.02% / 0%
- Funding APR(8h)
- -35.28%
- OI
- $31.06M
- 24h Vol
- $23.91M
SHORT
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $0.2789
- Exchange Ticker
- WLDUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +42.65%
- OI
- $3.83M
- 24h Vol
- $8.52M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short282 long / 283 short samples · 2 days · auto-refresh every 30s