BE · Convergence Trade
Profit Calculator
Slippage is not in these figures yet — the order book is still loading. Breakeven is understated and tradeability overstated until it arrives; wait for the refresh before judging the trade.
Three scenarios: the current spread 0.30% 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 | +$29.91 | -$20.09 | -$70.09 |
| Round-trip fees | −$16.00 | −$16.00 | −$16.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.19 | +$0.19 | +$0.19 |
| Net potential | +$14.10 | -$35.90 | -$85.90 |
⏱ Hold time (estimated from history)
Over 1D the spread rarely converged to the median 0.07% (80% 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: 24h · 279 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
- $213.9500
- Exchange Ticker
- BEUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- -143.87%
- OI
- $1.46M
- 24h Vol
- $3.74M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $214.5900
- Exchange Ticker
- BESTOCK_USDT
- Taker / Maker
- 0.02% / 0%
- Funding APR(8h)
- -127.65%
- OI
- $948.53K
- 24h Vol
- $127.35K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short256 long / 253 short samples · 2 days · auto-refresh every 30s