API3 · Convergence Trade
Sparse data (32% 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
This spread does not cover its own costs
The spread is 0.16%, but entry and exit cost 0.22% 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 0.16% 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 | +$16.23 | -$33.77 | -$83.77 |
| Round-trip fees | −$22.00 | −$22.00 | −$22.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.18 | +$0.18 | +$0.18 |
| Net potential | -$5.59 | -$55.59 | -$105.59 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.27%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 156 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.
Binance Futures(cex)- Mark Price
- $0.3080
- Exchange Ticker
- API3USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- -66.78%
- OI
- $3.88M
- 24h Vol
- $17.49M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Bitget(cex)- Mark Price
- $0.3085
- Exchange Ticker
- API3USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -50.62%
- OI
- $1.05M
- 24h Vol
- $1.40M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short92 long / 89 short samples · 2 days · auto-refresh every 30s