AXS · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.24% 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 | +$24.18 | -$25.82 | -$75.82 |
| Round-trip fees | −$21.00 | −$21.00 | −$21.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.06 | −$0.06 | −$0.06 |
| Net potential | +$3.12 | -$46.88 | -$96.88 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.25%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 7d · 1,797 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.
TxFlow(dex)- Mark Price
- $0.8520
- Exchange Ticker
- AXS
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.95%
- OI
- $3.38K
- 24h Vol
- $31.78K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
BitMart(cex)- Mark Price
- $0.8541
- Exchange Ticker
- AXSUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +5.93%
- OI
- $28.11M
- 24h Vol
- $8.01M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short1495 long / 1600 short samples · 8 days · auto-refresh every 30s