BTC · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.08% 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 | +$7.83 | -$42.17 | -$92.17 |
| Round-trip fees | −$27.60 | −$27.60 | −$27.60 |
| Slippage(orderbook) | −$4.82 | −$4.82 | −$4.82 |
| Funding drag(est. 1h hold) | +$0.56 | +$0.56 | +$0.56 |
| Net potential | -$24.03 | -$74.03 | -$124.03 |
⏱ 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 11 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.
dYdX(dex)- Mark Price
- $62,930.5
- Exchange Ticker
- BTC-USD
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(1h)
- +0.00%
- OI
- $17.66M
- 24h Vol
- $513.93K
Perpl(dex)- Mark Price
- $62,979.8
- Exchange Ticker
- BTC
- Taker / Maker
- 0.088% / 0.05%
- Funding APR(43m)
- +48.89%
- OI
- $2.52M
- 24h Vol
- $72.09M
276 long / 274 short samples · 2 days · auto-refresh every 30s