BLESS · 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 4.97% 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 | +$496.62 | +$446.62 | +$396.62 |
| Round-trip fees | −$16.00 | −$16.00 | −$16.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.13 | +$0.13 | +$0.13 |
| Net potential | +$480.75 | +$430.75 | +$380.75 |
⏱ Hold time (estimated from history)
Over 1D the spread rarely converged to the median 0.25% (100% 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
- Mark Price
- $0.008276
- Exchange Ticker
- BLESSUSDTM
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $869.12K
- 24h Vol
- $217.04K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $0.008687
- Exchange Ticker
- BLESS_USDT
- Taker / Maker
- 0.02% / 0%
- Funding APR(4h)
- +22.13%
- OI
- $8.43M
- 24h Vol
- $1.06M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short258 long / 252 short samples · 2 days · auto-refresh every 30s