CAT · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.37% 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 | +$36.84 | -$13.16 | -$63.16 |
| Round-trip fees | −$14.00 | −$14.00 | −$14.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.92 | +$0.92 | +$0.92 |
| Net potential | +$23.76 | -$26.24 | -$76.24 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.23% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 29 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 · 279 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.
Toobit(cex)- Mark Price
- $803.3700
- Exchange Ticker
- CAT2-SWAP-USDT
- Taker / Maker
- 6 / 2 bps
- Funding APR(8h)
- -94.65%
- OI
- $25.43K
- 24h Vol
- $472.86K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
MEXC(cex)- Mark Price
- $806.3300
- Exchange Ticker
- CATSTOCK_USDT
- Taker / Maker
- 1 / 0 bps
- Funding APR(8h)
- -13.91%
- OI
- $487.39K
- 24h Vol
- $93.85K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short275 long / 91 short samples · 2 days · auto-refresh every 30s