1000PEPE · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.19% 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 | +$19.21 | -$30.79 | -$80.79 |
| Round-trip fees | −$18.00 | −$18.00 | −$18.00 |
| Slippage(orderbook) | −$23.56 | −$23.56 | −$23.56 |
| Funding drag(est. 1h hold) | +$0.40 | +$0.40 | +$0.40 |
| Net potential | -$21.95 | -$71.95 | -$121.95 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.11% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 41 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 · 279 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
Bitunix(cex)- Mark Price
- $0.002608
- Exchange Ticker
- 1000PEPEUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +9.74%
- 24h Vol
- $3.44M
225 long / 269 short samples · 2 days · auto-refresh every 30s