1000PEPE · Convergence Trade
Sparse data (38% 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 0.62% 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 | +$62.47 | +$12.47 | -$37.53 |
| Round-trip fees | −$18.00 | −$18.00 | −$18.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$2.78 | +$2.78 | +$2.78 |
| Net potential | +$47.25 | -$2.75 | -$52.75 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.53% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 26 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 · 109 samples
Decibel(dex)- Mark Price
- $0.004962
- Exchange Ticker
- kPEPE/USD
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- -77.47%
- OI
- $4.47K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Hyperliquid(dex)- Mark Price
- $0.004993
- Exchange Ticker
- kPEPE
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +165.70%
- OI
- $69.77M
- 24h Vol
- $276.37M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short108 long / 109 short samples · 2 days · auto-refresh every 30s