APT · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.05%, but entry and exit cost 0.09% 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 0.05% 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 | +$5.45 | -$44.55 | -$94.55 |
| Round-trip fees | −$9.00 | −$9.00 | −$9.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.25 | +$0.25 | +$0.25 |
| Net potential | -$3.30 | -$53.30 | -$103.30 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.15%) — 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.
Variational(dex)- Mark Price
- $0.6422
- Exchange Ticker
- APT
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- -10.75%
- OI
- $411.12K
- 24h Vol
- $56.54K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Hyperliquid(dex)- Mark Price
- $0.6426
- Exchange Ticker
- APT
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.96%
- OI
- $3.34M
- 24h Vol
- $1.47M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short237 long / 284 short samples · 2 days · auto-refresh every 30s