BTC · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.10% 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 | +$9.59 | -$40.41 | -$90.41 |
| Round-trip fees | −$1.50 | −$1.50 | −$1.50 |
| Slippage(orderbook) | −$2.90 | −$2.90 | −$2.90 |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | +$5.19 | -$44.81 | -$94.81 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.08% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 75 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 · 285 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.
Variational(dex)- Mark Price
- $82,104.92
- Exchange Ticker
- BTC
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- +10.96%
- OI
- $192.14M
- 24h Vol
- $481.80M
Paradex(dex)- Mark Price
- $82,183.69
- Exchange Ticker
- BTC-USD-PERP
- Taker / Maker
- 0.0075% / 0%
- Funding APR(8h)
- +10.87%
- OI
- $3.25M
- 24h Vol
- $1.93M
283 long / 285 short samples · 2 days · auto-refresh every 30s