BABA · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.18%, but entry and exit cost 0.26% 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 0.18% 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 | +$18.18 | -$31.82 | -$81.82 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.04 | −$0.04 | −$0.04 |
| Net potential | -$8.17 | -$58.17 | -$108.17 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.04% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 3 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 · 233 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.
Lighter Robinhood(dex)- Mark Price
- $109.9400
- Exchange Ticker
- BABA-USDG
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +3.51%
- OI
- $641.70K
- 24h Vol
- $259.65K
QFEX(cex)- Mark Price
- $110.1399
- Exchange Ticker
- BABA-USD
- Taker / Maker
- 0.1% / 0.05%
- Funding APR(1h)
- +0.00%
- OI
- $617.71K
- 24h Vol
- $26.33K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short233 long / 233 short samples · 1 day · auto-refresh every 30s