AAVE · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.17%, but entry and exit cost 0.19% 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 0.17% 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 | +$17.35 | -$32.65 | -$82.65 |
| Round-trip fees | −$12.00 | −$12.00 | −$12.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.08 | +$0.08 | +$0.08 |
| Net potential | -$1.90 | -$51.90 | -$101.90 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.09% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 32 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 · 284 samples
Variational(dex)- Mark Price
- $107.2140
- Exchange Ticker
- AAVE
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- +4.12%
- OI
- $2.30M
- 24h Vol
- $1.27M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Phemex(cex)- Mark Price
- $107.4000
- Exchange Ticker
- AAVEUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(8h)
- +10.96%
- OI
- $3.00M
- 24h Vol
- $3.32M
284 long / 284 short samples · 2 days · auto-refresh every 30s