BTC · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.01%, but entry and exit cost 0.20% 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 0.01% 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 | +$0.74 | -$49.26 | -$99.26 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(orderbook) | −$0.02 | −$0.02 | −$0.02 |
| Funding drag(est. 1h hold) | +$0.10 | +$0.10 | +$0.10 |
| Net potential | -$19.18 | -$69.18 | -$119.18 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.01%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 280 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
- $84,411.22
- Exchange Ticker
- BTCUSDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +1.97%
- OI
- $7945.03M
- 24h Vol
- $5644.95M
- Mark Price
- $84,417.47
- Exchange Ticker
- BTC_USDT_Perp
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(8h)
- +10.96%
- OI
- $212.75M
- 24h Vol
- $171.15M
278 long / 279 short samples · 2 days · auto-refresh every 30s