ZEC · Convergence Trade
Current Spread (mark)
updated 57s ago+0.128%higher than 87% of spread values(window 1D)
long $900.0393 · short $901.1900
Entry Spread (order book)-0.001%on $10,000
long $900.5542 · short $900.5449(average execution prices, not mark)
market median $901.1900· long -0.1%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.13%, but entry and exit cost 0.21% 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 0.13% 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 | +$12.78 | -$37.22 | -$87.22 |
| Round-trip fees | −$19.00 | −$19.00 | −$19.00 |
| Slippage(orderbook) | −$1.68 | −$1.68 | −$1.68 |
| Funding drag(est. 1h hold) | −$0.01 | −$0.01 | −$0.01 |
| Net potential | -$7.91 | -$57.91 | -$107.91 |
Breakeven move 0.2069%·Tradeability: 0.6× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~6mintypical time to exit(usually ~6min–~18min)
Exit target: spread compresses to the median 0.05% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 49 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
+0.128%
87 pct
Median
+0.017%
Average
+0.016%
P25 → P75
-0.030% … +0.067%
Range
-0.951% … +0.647%
Std dev
±0.131%
tf
LONG
Pionex(cex)
Pionex(cex)- Mark Price
- $900.0393
- Exchange Ticker
- ZEC_USDT_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +10.96%
- OI
- $2.16M
- 24h Vol
- $27.20M
SHORT
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $901.1900
- Exchange Ticker
- ZEC
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.15%
- OI
- $344.33M
- 24h Vol
- $368.53M
282 long / 284 short samples · 2 days · auto-refresh every 30s