BTC · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.06% 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 | +$6.10 | -$43.90 | -$93.90 |
| Round-trip fees | −$26.60 | −$26.60 | −$26.60 |
| Slippage(orderbook) | −$0.07 | −$0.07 | −$0.07 |
| Funding drag(est. 1h hold) | +$0.24 | +$0.24 | +$0.24 |
| Net potential | -$20.33 | -$70.33 | -$120.33 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.03% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 22 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 · 236 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
- $64,293
- Exchange Ticker
- BTC
- Taker / Maker
- 0.088% / 0.05%
- Funding APR(43m)
- +0.00%
- OI
- $2.71M
- 24h Vol
- $106.16M
Hibachi(dex)- Mark Price
- $64,332.2
- Exchange Ticker
- BTC/USDT-P
- Taker / Maker
- 0.045% / 0%
- Funding APR(1h)
- +21.02%
- OI
- $960.39K
- 24h Vol
- $11.89M
236 long / 236 short samples · 2 days · auto-refresh every 30s