1000BONK · Convergence Trade
Sparse data (49% of expected samples) — statistics may be unreliable
Forward-fill used for gaps in mark-price history. Smaller window or current spread reading more trustworthy than long-range stats.
Profit Calculator
Slippage is not in these figures yet — the order book is still loading. Breakeven is understated and tradeability overstated until it arrives; wait for the refresh before judging the trade.
Three scenarios: the current spread 2.11% 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 | +$210.88 | +$160.88 | +$110.88 |
| Round-trip fees | −$11.50 | −$11.50 | −$11.50 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.57 | +$0.57 | +$0.57 |
| Net potential | +$199.95 | +$149.95 | +$99.95 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.70% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 10 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 · 263 samples
- Mark Price
- $0.002243
- Exchange Ticker
- kBONK
- Taker / Maker
- 0.035% / 0.005%
- Funding APR(1h)
- -39.08%
- OI
- $38.54K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $0.002290
- Exchange Ticker
- KBONK-USD
- Taker / Maker
- 0.0225% / 0%
- Funding APR(1h)
- +10.96%
- OI
- $3.62K
- 24h Vol
- $2.96K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short142 long / 251 short samples · 2 days · auto-refresh every 30s