WLFI · Convergence Trade
Current Spread (mark)
updated 1s ago+0.051%higher than 24% of spread values(window 1D)
long $0.05905 · short $0.05908(long 3m / short 4m old)
Entry Spread (order book)-0.673%on $10,000
long $0.05920 · short $0.05880(average execution prices, not mark)
market median $0.05905· long -0.0%· short +0.0%
Profit Calculator
Three scenarios: the current spread 0.05% 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 | +$5.08 | -$44.92 | -$94.92 |
| Round-trip fees | −$22.00 | −$22.00 | −$22.00 |
| Slippage(orderbook) | −$159.57 | −$159.57 | −$159.57 |
| Funding drag(est. 1h hold) | +$0.61 | +$0.61 | +$0.61 |
| Net potential | -$175.88 | -$225.88 | -$275.88 |
Breakeven move 1.8096%·Tradeability: 0.0× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.12%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 269 samples
Current
+0.051%
24 pct
Median
+0.119%
Average
+0.112%
P25 → P75
+0.052% … +0.188%
Range
-0.386% … +0.606%
Std dev
±0.133%
Size$
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
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $0.05905
- Exchange Ticker
- WLFIUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +5.47%
- OI
- $9.77M
SHORT
N1(dex)
N1(dex)- Mark Price
- $0.05908
- Exchange Ticker
- WLFI
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(1h)
- +58.69%
- OI
- $3.54K
- 24h Vol
- $2.00K
221 long / 225 short samples · 2 days · auto-refresh every 30s