BTC · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.16%, but entry and exit cost 0.25% 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 0.16% 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 | +$15.94 | -$34.06 | -$84.06 |
| Round-trip fees | −$24.60 | −$24.60 | −$24.60 |
| Slippage(orderbook) | −$0.15 | −$0.15 | −$0.15 |
| Funding drag(est. 1h hold) | +$0.13 | +$0.13 | +$0.13 |
| Net potential | -$8.68 | -$58.68 | -$108.68 |
⏱ 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 20 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 · 283 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.
Perpl(dex)- Mark Price
- $83,772.8
- Exchange Ticker
- BTC
- Taker / Maker
- 0.088% / 0.05%
- Funding APR(43m)
- +0.00%
- OI
- $772.90K
- 24h Vol
- $14.81M
BULK(dex)- Mark Price
- $83,906.36
- Exchange Ticker
- BTC-USD
- Taker / Maker
- 0.035% / 0%
- Funding APR(1h)
- +10.96%
- OI
- $3.24M
- 24h Vol
- $19.79M
283 long / 283 short samples · 2 days · auto-refresh every 30s