1000PEPE · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.21% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$21.13 | -$28.87 | -$78.87 |
| Round-trip fees | −$16.00 | −$16.00 | −$16.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.41 | +$0.41 | +$0.41 |
| Net potential | -$16.89 | -$66.89 | -$116.89 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.10% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 27 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 · 265 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.
WOOFi Pro(dex)- Mark Price
- $0.002603
- Exchange Ticker
- PERP_1000PEPE_USDC
- Taker / Maker
- 0.03% / 0%
- Funding APR(8h)
- -24.99%
- OI
- $34.69K
- 24h Vol
- $376.42
BingX(cex)- Mark Price
- $0.002609
- Exchange Ticker
- 1000PEPE-USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +10.95%
- OI
- $4.93M
- 24h Vol
- $5.80M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short224 long / 220 short samples · 2 days · auto-refresh every 30s