WLD · Convergence Trade
Current Spread (mark)
updated 0s ago+0.058%higher than 45% of spread values(window 1D)
long $0.3460 · short $0.3462(long 2m / short 2m old)
Entry Spread (order book)-3.919%on $10,000
long $0.3609 · short $0.3468(average execution prices, not mark)
market median $0.3462· long -0.1%· short +0.0%
Profit Calculator
Three scenarios: the current spread 0.06% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$5.78 | -$44.22 | -$94.22 |
| Round-trip fees | −$19.00 | −$19.00 | −$19.00 |
| Slippage(orderbook) | −$828.20 | −$828.20 | −$828.20 |
| Funding drag(est. 1h hold) | +$0.12 | +$0.12 | +$0.12 |
| Net potential | -$841.30 | -$891.30 | -$941.30 |
Breakeven move 8.4708%·Tradeability: 0.0× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.08%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 277 samples
Current
+0.058%
45 pct
Median
+0.063%
Average
+0.087%
P25 → P75
+0.020% … +0.117%
Range
-1.185% … +1.208%
Std dev
±0.241%
Size$
chart range
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Live spread — order book
on size $10,000Collecting live order-book data…
Rebuilt from stored order books (last 3h) and updated every ~15s while the page is open. IN is the spread to open the position, OUT is the spread to close it; positive means the trade works in your favour. Both are walked for your position size, so they already include what depth costs you.
LONG
N1(dex)
N1(dex)- Mark Price
- $0.3460
- Exchange Ticker
- WLD
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(1h)
- +0.00%
- OI
- $2.23K
- 24h Vol
- $2.05K
SHORT
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $0.3462
- Exchange Ticker
- WLD
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.95%
- OI
- $28.33M
- 24h Vol
- $4.74M
230 long / 275 short samples · 2 days · auto-refresh every 30s