AVAX · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.20% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$19.59 | -$30.41 | -$80.41 |
| Round-trip fees | −$6.50 | −$6.50 | −$6.50 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.18 | +$0.18 | +$0.18 |
| Net potential | +$7.96 | -$42.04 | -$92.04 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.21%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 196 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.
Extended(dex)- Mark Price
- $6.3267
- Exchange Ticker
- AVAX-USD
- Taker / Maker
- 0.025% / 0%
- Funding APR(1h)
- -14.89%
- OI
- $420.29K
- 24h Vol
- $234.25K
Paradex(dex)- Mark Price
- $6.3391
- Exchange Ticker
- AVAX-USD-PERP
- Taker / Maker
- 0.0075% / 0%
- Funding APR(8h)
- +1.09%
- OI
- $9.67K
- 24h Vol
- $1.02K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short193 long / 193 short samples · 2 days · auto-refresh every 30s