BTC · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.02% 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 | +$1.58 | -$48.42 | -$98.42 |
| Round-trip fees | −$17.00 | −$17.00 | −$17.00 |
| Slippage(orderbook) | −$1.07 | −$1.07 | −$1.07 |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | -$16.49 | -$66.49 | -$116.49 |
⏱ 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 23 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 · 275 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.
Hyperliquid(dex)- Mark Price
- $62,979
- Exchange Ticker
- BTC
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.95%
- OI
- $2789.23M
- 24h Vol
- $242.36M
StandX(dex)- Mark Price
- $62,988.98
- Exchange Ticker
- BTC-USD
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(1h)
- +10.95%
- OI
- $42.30M
- 24h Vol
- $200.49M
275 long / 275 short samples · 2 days · auto-refresh every 30s