ZEC · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 1m old+0.056%higher than 61% of spread values(window 1D)
long $1,346.56 · short $1,347.32(long 54s / short 1m old)
Entry Spread (order book)-0.092%on $10,000
long $1,345.35 · short $1,344.11(average execution prices, not mark)
market median $1,347.17· long -0.0%· short +0.0%
Size per leg$= $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 0.18% 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 | +$5.62 | -$44.38 | -$94.38 |
| Round-trip fees | −$12.60 | −$12.60 | −$12.60 |
| Slippage(orderbook) | −$5.26 | −$5.26 | −$5.26 |
| Funding drag(est. 1h hold) | −$0.57 | −$0.57 | −$0.57 |
| Net potential | -$12.81 | -$62.81 | -$112.81 |
Breakeven move 0.1843%·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 0.07%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 285 samples
Current
+0.056%
61 pct
Median
+0.037%
Average
+0.034%
P25 → P75
-0.011% … +0.087%
Range
-0.578% … +1.429%
Std dev
±0.165%
tf
LONG
edgeX V2(dex)
edgeX V2(dex)- Mark Price
- $1,346.56
- Exchange Ticker
- ZECUSDC
- Taker / Maker
- 0.038% / 0.018%
- Funding APR(4h)
- +10.96%
- OI
- $640.30K
- 24h Vol
- $8.46M
SHORT
Extended(dex)
Extended(dex)- Mark Price
- $1,347.32
- Exchange Ticker
- ZEC-USD
- Taker / Maker
- 0.025% / 0%
- Funding APR(1h)
- -38.57%
- OI
- $1.34M
- 24h Vol
- $4.68M
285 long / 277 short samples · 2 days · auto-refresh every 30s