1000PEPE · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.16%, but entry and exit cost 0.25% 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 0.16% 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 | +$16.14 | -$33.86 | -$83.86 |
| Round-trip fees | −$12.00 | −$12.00 | −$12.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.64 | +$0.64 | +$0.64 |
| Net potential | -$8.41 | -$58.41 | -$108.41 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.13% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 37 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 · 252 samples
Live spread — order book
on size $10,000Rebuilt from stored order books (last 3h) and updated every ~15s while the page is open. IN is the spread to open the position, OUT is the spread to close it; positive means the trade works in your favour. Both are walked for your position size, so they already include what depth costs you.
Hotcoin(cex)- Mark Price
- $0.004336
- Exchange Ticker
- 1000PEPEUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +6.26%
- OI
- $5.52M
- 24h Vol
- $55.09M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Lighter(dex)- Mark Price
- $0.004343
- Exchange Ticker
- 1000PEPE-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +62.24%
- OI
- $1.01M
- 24h Vol
- $2.35M
248 long / 243 short samples · 2 days · auto-refresh every 30s