AVAX · 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 | +$7.72 | -$42.28 | -$92.28 |
| Round-trip fees | −$4.00 | −$4.00 | −$4.00 |
| Slippage(orderbook) | −$9.12 | −$9.12 | −$9.12 |
| Funding drag(est. 1h hold) | +$0.14 | +$0.14 | +$0.14 |
| Net potential | -$5.26 | -$55.26 | -$105.26 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.07%) — 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
- $10.8846
- Exchange Ticker
- AVAX
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- -12.55%
- OI
- $2.58M
- 24h Vol
- $485.74K
- Mark Price
- $10.8930
- Exchange Ticker
- AVAX_USDT
- Taker / Maker
- 0.02% / 0%
- Funding APR(8h)
- -0.55%
- OI
- $52.86M
- 24h Vol
- $36.09M
284 long / 284 short samples · 2 days · auto-refresh every 30s