AVAX · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.13%, but entry and exit cost 0.24% 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 0.13% 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 | +$13.04 | -$36.96 | -$86.96 |
| Round-trip fees | −$13.00 | −$13.00 | −$13.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.91 | +$0.91 | +$0.91 |
| Net potential | -$11.29 | -$61.29 | -$111.29 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.12% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 47 comparable episodes over 1D. Check the position roughly every ~1h.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 283 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.
NADO(dex)- Mark Price
- $10.9238
- Exchange Ticker
- AVAX-PERP
- Taker / Maker
- 0.035% / 0.01%
- Funding APR(1h)
- -30.47%
- OI
- $154.04K
- 24h Vol
- $93.32K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
WOOFi Pro(dex)- Mark Price
- $10.9380
- Exchange Ticker
- PERP_AVAX_USDC
- Taker / Maker
- 0.03% / 0%
- Funding APR(8h)
- +49.54%
- OI
- $527.02K
- 24h Vol
- $928.51K
283 long / 283 short samples · 2 days · auto-refresh every 30s