ZRO · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 2m old+0.166%higher than 59% of spread values(window 1D)
long $1.5399 · short $1.5425(long 2m / short 39s old)
Entry Spread (order book)-0.068%on $10,000
long $1.5404 · short $1.5394(average execution prices, not mark)
market median $1.5428· long -0.2%· short -0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.17%, but entry and exit cost 0.24% 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 0.17% 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 | +$16.62 | -$33.38 | -$83.38 |
| Round-trip fees | −$12.00 | −$12.00 | −$12.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.68 | +$0.68 | +$0.68 |
| Net potential | -$6.96 | -$56.96 | -$106.96 |
Breakeven move 0.2358%·Tradeability: 0.7× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.18%) — 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
+0.166%
59 pct
Median
+0.112%
Average
+0.119%
P25 → P75
-0.064% … +0.278%
Range
-0.993% … +1.032%
Std dev
±0.287%
tf
LONG
Variational(dex)
Variational(dex)- Mark Price
- $1.5399
- Exchange Ticker
- ZRO
- Taker / Maker
- 0% / 0%
- Funding APR(4h)
- -15.64%
- OI
- $3.46M
- 24h Vol
- $1.31M
SHORT
BloFin(cex)
BloFin(cex)- Mark Price
- $1.5425
- Exchange Ticker
- ZRO-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +43.83%
- OI
- $1.11M
- 24h Vol
- $208.81K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short252 long / 253 short samples · 2 days · auto-refresh every 30s