ADA · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.08%, but entry and exit cost 0.13% 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 0.08% 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 | +$8.01 | -$41.99 | -$91.99 |
| Round-trip fees | −$13.00 | −$13.00 | −$13.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.44 | +$0.44 | +$0.44 |
| Net potential | -$4.55 | -$54.55 | -$104.55 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.14%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 284 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.
- Mark Price
- $0.2181
- Exchange Ticker
- ADA-USD
- Taker / Maker
- 0.04% / 0.0125%
- Funding APR(1h)
- -26.78%
- OI
- $121.88K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $0.2183
- Exchange Ticker
- ADA-USD
- Taker / Maker
- 0.025% / 0%
- Funding APR(1h)
- +11.40%
- OI
- $316.66K
- 24h Vol
- $333.99K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short284 long / 280 short samples · 2 days · auto-refresh every 30s