XRP · Convergence Trade
Current Spread (mark)
updated 58s ago+0.056%higher than 89% of spread values(window 1D)
long $0.9898 · short $0.9903
Entry Spread (order book)-0.108%on $10,000
long $0.9911 · short $0.9900(average execution prices, not mark)
market median $0.9900· long -0.0%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.06%, but entry and exit cost 0.22% 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 0.06% 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 | +$5.56 | -$44.44 | -$94.44 |
| Round-trip fees | −$10.00 | −$10.00 | −$10.00 |
| Slippage(orderbook) | −$12.60 | −$12.60 | −$12.60 |
| Funding drag(est. 1h hold) | +$0.68 | +$0.68 | +$0.68 |
| Net potential | -$16.36 | -$66.36 | -$116.36 |
Breakeven move 0.2192%·Tradeability: 0.3× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~12mintypical time to exit(usually ~6min–~18min)
Exit target: spread compresses to the median 0.05% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 66 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
+0.056%
89 pct
Median
-0.035%
Average
-0.031%
P25 → P75
-0.072% … +0.001%
Range
-0.471% … +0.566%
Std dev
±0.095%
tf
LONG
Crypto.com(cex)
Crypto.com(cex)- Mark Price
- $0.9898
- Exchange Ticker
- XRPUSD-PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- -48.59%
- OI
- $1.43M
- 24h Vol
- $5.50M
SHORT
Variational(dex)
Variational(dex)- Mark Price
- $0.9903
- Exchange Ticker
- XRP
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- +10.96%
- OI
- $2.34M
- 24h Vol
- $8.07M
282 long / 284 short samples · 2 days · auto-refresh every 30s