XRP · Convergence Trade
Current Spread (mark)
updated 0s ago+0.010%higher than 85% of spread values(window 1D)
long $1.0015 · short $1.0016(long 2m / short 2m old)
Entry Spread (order book)-0.010%on $10,000
long $1.0022 · short $1.0021(average execution prices, not mark)
market median $1.0017· long -0.0%· short -0.0%
Profit Calculator
Three scenarios: the current spread 0.01% 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 | +$1.00 | -$49.00 | -$99.00 |
| Round-trip fees | −$21.00 | −$21.00 | −$21.00 |
| Slippage(orderbook) | −$2.97 | −$2.97 | −$2.97 |
| Funding drag(est. 1h hold) | +$0.15 | +$0.15 | +$0.15 |
| Net potential | -$22.82 | -$72.82 | -$122.82 |
Breakeven move 0.2382%·Tradeability: 0.0× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.01%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 235 samples
Current
+0.010%
85 pct
Median
-0.005%
Average
-0.004%
P25 → P75
-0.014% … +0.010%
Range
-0.049% … +0.050%
Std dev
±0.015%
Size$
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
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $1.0015
- Exchange Ticker
- XRP
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.54%
- OI
- $108.16M
- 24h Vol
- $33.49M
SHORT
BloFin(cex)
BloFin(cex)- Mark Price
- $1.0016
- Exchange Ticker
- XRP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +23.46%
- OI
- $19.78M
- 24h Vol
- $13.46M
235 long / 235 short samples · 2 days · auto-refresh every 30s