XRP · Convergence Trade
Current Spread (mark)
updated 58s ago+0.107%higher than 64% of spread values(window 1D)
long $1.3040 · short $1.3054
Entry Spread (order book)+0.017%on $10,000
long $1.3047 · short $1.3049(average execution prices, not mark)
market median $1.3055· long -0.1%· short -0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.11%, but entry and exit cost 0.34% 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 0.11% 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 | +$10.68 | -$39.32 | -$89.32 |
| Round-trip fees | −$15.00 | −$15.00 | −$15.00 |
| Slippage(orderbook) | −$19.92 | −$19.92 | −$19.92 |
| Funding drag(est. 1h hold) | +$0.96 | +$0.96 | +$0.96 |
| Net potential | -$23.28 | -$73.28 | -$123.28 |
Breakeven move 0.3396%·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 0.09% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 67 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 · 283 samples
Current
+0.107%
64 pct
Median
+0.086%
Average
+0.075%
P25 → P75
+0.038% … +0.123%
Range
-0.689% … +0.712%
Std dev
±0.109%
tf
LONG
WOOFi Pro(dex)
WOOFi Pro(dex)- Mark Price
- $1.3040
- Exchange Ticker
- PERP_XRP_USDC
- Taker / Maker
- 0.03% / 0%
- Funding APR(8h)
- -6.98%
- OI
- $67.59K
- 24h Vol
- $147.20K
SHORT
Aftermath(dex)
Aftermath(dex)- Mark Price
- $1.3054
- Exchange Ticker
- XRP
- Taker / Maker
- 0.045% / -0.005%
- Funding APR(1h)
- +77.10%
- OI
- $15.37K
- 24h Vol
- $102.27K
283 long / 283 short samples · 1 day · auto-refresh every 30s