2Z · Convergence Trade
Sparse data (30% 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
Three scenarios: the current spread 0.03% 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 | +$2.87 | -$47.13 | -$97.13 |
| Round-trip fees | −$9.00 | −$9.00 | −$9.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.46 | +$0.46 | +$0.46 |
| Net potential | -$5.67 | -$55.67 | -$105.67 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.12%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 273 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.
Lighter(dex)- Mark Price
- $0.04876
- Exchange Ticker
- 2Z-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- -29.78%
- OI
- $28.87K
- 24h Vol
- $17.65K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Hyperliquid(dex)- Mark Price
- $0.04877
- Exchange Ticker
- 2Z
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.48%
- OI
- $609.24K
- 24h Vol
- $166.94K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short87 long / 273 short samples · 2 days · auto-refresh every 30s