XRP · Convergence Trade
Current Spread (mark)
updated 42s ago+0.032%higher than 65% of spread values(window 1D)
long $1.2551 · short $1.2555
Entry Spread (order book)-0.055%on $10,000
long $1.2562 · short $1.2555(average execution prices, not mark)
market median $1.2572· long -0.2%· short -0.1%
Size per leg$= $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 0.31% 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 | +$3.19 | -$46.81 | -$96.81 |
| Round-trip fees | −$16.00 | −$16.00 | −$16.00 |
| Slippage(orderbook) | −$16.05 | −$16.05 | −$16.05 |
| Funding drag(est. 1h hold) | +$1.41 | +$1.41 | +$1.41 |
| Net potential | -$27.45 | -$77.45 | -$127.45 |
Breakeven move 0.3064%·Tradeability: 0.1× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.03%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 283 samples
Current
+0.032%
65 pct
Median
+0.017%
Average
+0.022%
P25 → P75
-0.003% … +0.049%
Range
-0.179% … +0.197%
Std dev
±0.052%
tf
LONG
Polymarket(dex)
Polymarket(dex)- Mark Price
- $1.2551
- Exchange Ticker
- XRP-USD
- Taker / Maker
- 0.04% / 0.0125%
- Funding APR(1h)
- -35.58%
- OI
- $976.60K
SHORT
Bullet(dex)
Bullet(dex)- Mark Price
- $1.2555
- Exchange Ticker
- XRP-USD
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(1h)
- +87.66%
- OI
- $57.56K
- 24h Vol
- $786.84K
283 long / 283 short samples · 2 days · auto-refresh every 30s