ZRO · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 4m old+0.013%higher than 34% of spread values(window 1D)
long $1.5200 · short $1.5202(long 4m / short 33s old)
Entry Spread (order book)-0.068%on $10,000thin book — size does not fully fill
long $1.5175 · short $1.5165(average execution prices, not mark)
market median $1.5207· long -0.0%· short -0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.01%, but entry and exit cost 0.41% 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 0.01% 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 | +$1.32 | -$48.68 | -$98.68 |
| Round-trip fees | −$25.00 | −$25.00 | −$25.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.01 | +$0.01 | +$0.01 |
| Net potential | -$39.55 | -$89.55 | -$139.55 |
Breakeven move 0.4087%·Tradeability: 0.0× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.17%) — 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
+0.013%
34 pct
Median
+0.088%
Average
+0.083%
P25 → P75
-0.058% … +0.221%
Range
-1.258% … +2.404%
Std dev
±0.340%
tf
LONG
WEEX(cex)
WEEX(cex)- Mark Price
- $1.5200
- Exchange Ticker
- ZROUSDT
- Taker / Maker
- 0.08% / 0.02%
- Funding APR(4h)
- +9.78%
- OI
- $24.50M
- 24h Vol
- $2.53M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $1.5202
- Exchange Ticker
- ZRO
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.96%
- OI
- $43.19M
- 24h Vol
- $9.20M
253 long / 285 short samples · 2 days · auto-refresh every 30s