BTC · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.21% 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 | +$21.22 | -$28.78 | -$78.78 |
| Round-trip fees | −$19.00 | −$19.00 | −$19.00 |
| Slippage(orderbook) | −$2.92 | −$2.92 | −$2.92 |
| Funding drag(est. 1h hold) | +$0.31 | +$0.31 | +$0.31 |
| Net potential | -$0.39 | -$50.39 | -$100.39 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.16% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 147 comparable episodes over 7D. Check the position roughly every ~1h.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 7d · 1,929 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.
Ondo(dex)- Mark Price
- $64,318
- Exchange Ticker
- BTC-USD.P
- Taker / Maker
- 0.035% / 0.015%
- Funding APR(1h)
- -22.78%
- OI
- $6.01M
- 24h Vol
- $19.39M
BitMart(cex)- Mark Price
- $64,454.49
- Exchange Ticker
- BTCUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +4.47%
- OI
- $169.41M
- 24h Vol
- $3560.29M
1922 long / 1927 short samples · 8 days · auto-refresh every 30s