ZEC · Convergence Trade
Current Spread (mark)
updated 1m ago+0.125%higher than 65% of spread values(window 1D)
long $1,268.63 · short $1,270.21(long 49s / short 1m old)
Entry Spread (order book)+0.062%on $10,000
long $1,266.7 · short $1,267.49(average execution prices, not mark)
market median $1,270.04· long -0.1%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.12%, but entry and exit cost 0.23% 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 0.12% 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 | +$12.47 | -$37.53 | -$87.53 |
| Round-trip fees | −$14.00 | −$14.00 | −$14.00 |
| Slippage(orderbook) | −$9.14 | −$9.14 | −$9.14 |
| Funding drag(est. 1h hold) | +$0.02 | +$0.02 | +$0.02 |
| Net potential | -$10.65 | -$60.65 | -$110.65 |
Breakeven move 0.2312%·Tradeability: 0.5× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~6mintypical time to exit(usually ~6min–~12min)
Exit target: spread compresses to the median 0.09% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 48 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 · 284 samples
Current
+0.125%
65 pct
Median
+0.088%
Average
+0.096%
P25 → P75
+0.040% … +0.157%
Range
-0.292% … +1.498%
Std dev
±0.126%
tf
LONG
Meridian(dex)
Meridian(dex)- Mark Price
- $1,268.63
- Exchange Ticker
- ZECUSD
- Taker / Maker
- 0.03% / 0%
- Funding APR(1h)
- +85.70%
- OI
- $1.50K
- 24h Vol
- $2.54K
SHORT
Bullet(dex)
Bullet(dex)- Mark Price
- $1,270.21
- Exchange Ticker
- ZEC-USD
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(1h)
- +87.66%
- OI
- $201.89K
- 24h Vol
- $3.45M
284 long / 284 short samples · 2 days · auto-refresh every 30s