AVAX · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.21% 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 | +$21.18 | -$28.82 | -$78.82 |
| Round-trip fees | −$6.50 | −$6.50 | −$6.50 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.12 | +$0.12 | +$0.12 |
| Net potential | +$10.37 | -$39.63 | -$89.63 |
⏱ Hold time (estimated from history)
Over 7D the spread rarely converged to the median 0.02% (84% of episodes never did). The spread may be structural rather than mean-reverting — do not count on a quick exit; take profit on actual compression, not on a timer.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 7d · 1,785 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
- $6.3170
- Exchange Ticker
- AVAX-USD
- Taker / Maker
- 0.025% / 0%
- Funding APR(1h)
- -14.89%
- OI
- $417.89K
- 24h Vol
- $227.72K
Paradex(dex)- Mark Price
- $6.3303
- Exchange Ticker
- AVAX-USD-PERP
- Taker / Maker
- 0.0075% / 0%
- Funding APR(8h)
- -4.28%
- OI
- $9.66K
- 24h Vol
- $1.02K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short1754 long / 1754 short samples · 8 days · auto-refresh every 30s