XRP · Convergence Trade
Current Spread (mark)
updated 24s ago+0.029%higher than 91% of spread values(window 1D)
long $0.9889 · short $0.9892
Entry Spread (order book)-0.025%on $10,000
long $0.9895 · short $0.9892(average execution prices, not mark)
market median $0.9890· long -0.0%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.03%, but entry and exit cost 0.23% 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 0.03% 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 | +$2.86 | -$47.14 | -$97.14 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(orderbook) | −$2.53 | −$2.53 | −$2.53 |
| Funding drag(est. 1h hold) | −$0.03 | −$0.03 | −$0.03 |
| Net potential | -$19.70 | -$69.70 | -$119.70 |
Breakeven move 0.2256%·Tradeability: 0.1× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~6mintypical time to exit(usually ~6min–~12min)
Exit target: spread compresses to the median 0.02% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 68 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 · 284 samples
Current
+0.029%
91 pct
Median
-0.012%
Average
-0.016%
P25 → P75
-0.034% … +0.003%
Range
-0.238% … +0.294%
Std dev
±0.056%
tf
LONG
Binance Futures(cex)
Binance Futures(cex)- Mark Price
- $0.9889
- Exchange Ticker
- XRPUSDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +1.00%
- OI
- $299.10M
- 24h Vol
- $759.35M
SHORT
grvt(dex)
grvt(dex)- Mark Price
- $0.9892
- Exchange Ticker
- XRP_USDT_Perp
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(8h)
- -1.53%
- OI
- $895.63K
- 24h Vol
- $35.63M
284 long / 284 short samples · 2 days · auto-refresh every 30s