ADA · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.01%, but entry and exit cost 2.78% 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 0.01% 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 | +$0.89 | -$49.11 | -$99.11 |
| Round-trip fees | −$16.00 | −$16.00 | −$16.00 |
| Slippage(not modeled) | — | — | — |
| Funding drag(est. 1h hold) | +$0.48 | +$0.48 | +$0.48 |
| Net potential | -$277.49 | -$327.49 | -$377.49 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.03%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 266 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.
dYdX(dex)- Mark Price
- $0.2243
- Exchange Ticker
- ADA-USD
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(1h)
- +0.00%
- OI
- $181.33K
- 24h Vol
- $30.94K
Reya(dex)- Mark Price
- $0.2243
- Exchange Ticker
- ADARUSDPERP
- Taker / Maker
- 0.03% / 0.01%
- Funding APR(1h)
- +41.74%
- OI
- $1.07K
- 24h Vol
- $766.63
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short266 long / 264 short samples · 2 days · auto-refresh every 30s