ZEC · Convergence Trade
Current Spread (mark)
updated 40s ago+0.026%higher than 63% of spread values(window 1D)
long $1,243.31 · short $1,243.63
Entry Spread (order book)-0.005%on $10,000
long $1,243.36 · short $1,243.3(average execution prices, not mark)
market median $1,243.96· long -0.1%· short -0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.03%, but entry and exit cost 0.27% 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 | +$2.57 | -$47.43 | -$97.43 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(orderbook) | −$8.18 | −$8.18 | −$8.18 |
| Funding drag(est. 1h hold) | +$1.20 | +$1.20 | +$1.20 |
| Net potential | -$24.41 | -$74.41 | -$124.41 |
Breakeven move 0.2698%·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 · 285 samples
Current
+0.026%
63 pct
Median
+0.014%
Average
+0.012%
P25 → P75
-0.010% … +0.036%
Range
-0.174% … +0.158%
Std dev
±0.046%
tf
LONG
Phemex(cex)
Phemex(cex)- Mark Price
- $1,243.31
- Exchange Ticker
- ZECUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(8h)
- -17.50%
- OI
- $2.69M
- 24h Vol
- $2.80M
SHORT
Bullet(dex)
Bullet(dex)- Mark Price
- $1,243.63
- Exchange Ticker
- ZEC-USD
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(1h)
- +87.66%
- OI
- $165.03K
- 24h Vol
- $901.23K
285 long / 285 short samples · 2 days · auto-refresh every 30s