BTC · Convergence Trade
Profit Calculator
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% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$1.02 | -$48.98 | -$98.98 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(orderbook) | −$0.04 | −$0.04 | −$0.04 |
| Funding drag(est. 1h hold) | +$0.19 | +$0.19 | +$0.19 |
| Net potential | -$18.83 | -$68.83 | -$118.83 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.01% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 45 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 · 276 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.
Bybit(cex)- Mark Price
- $62,952.7
- Exchange Ticker
- BTCUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(8h)
- +4.73%
- OI
- $4082.36M
- 24h Vol
- $528.69M
Hibachi(dex)- Mark Price
- $62,959.13
- Exchange Ticker
- BTC/USDT-P
- Taker / Maker
- 0.045% / 0%
- Funding APR(1h)
- +21.02%
- OI
- $924.60K
- 24h Vol
- $4.33M
276 long / 275 short samples · 2 days · auto-refresh every 30s