XRP · Convergence Trade
Current Spread (mark)
updated 0s ago+0.072%higher than 1% of spread values(window 1D)
long $0.9995 · short $1.0002(long 1m / short 2m old)
Entry Spread (order book)+0.070%on $10,000
long $0.9996 · short $1.0003(average execution prices, not mark)
market median $1.0004· long -0.1%· short -0.0%
Profit Calculator
Three scenarios: the current spread 0.07% 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 | +$7.23 | -$42.77 | -$92.77 |
| Round-trip fees | −$17.00 | −$17.00 | −$17.00 |
| Slippage(orderbook) | −$4.87 | −$4.87 | −$4.87 |
| Funding drag(est. 1h hold) | +$0.11 | +$0.11 | +$0.11 |
| Net potential | -$14.53 | -$64.53 | -$114.53 |
Breakeven move 0.2176%·Tradeability: 0.3× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.10%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 235 samples
Current
+0.072%
1 pct
Median
+0.103%
Average
+0.102%
P25 → P75
+0.093% … +0.112%
Range
+0.061% … +0.156%
Std dev
±0.014%
Size$
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
Extended(dex)
Extended(dex)- Mark Price
- $0.9995
- Exchange Ticker
- XRP-USD
- Taker / Maker
- 0.025% / 0%
- Funding APR(1h)
- +11.39%
- OI
- $2.37M
- 24h Vol
- $3.73M
SHORT
BloFin(cex)
BloFin(cex)- Mark Price
- $1.0002
- Exchange Ticker
- XRP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +20.83%
- OI
- $19.95M
- 24h Vol
- $13.98M
235 long / 235 short samples · 2 days · auto-refresh every 30s