CC · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.27% 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 | +$27.00 | -$23.00 | -$73.00 |
| Round-trip fees | −$11.50 | −$11.50 | −$11.50 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.34 | +$0.34 | +$0.34 |
| Net potential | +$15.84 | -$34.16 | -$84.16 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.20% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 227 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 · 1,536 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.
Backpack(cex)- Mark Price
- $0.09035
- Exchange Ticker
- CC_USDC_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- -45.51%
- OI
- $118.57K
- 24h Vol
- $16.31K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Paradex(dex)- Mark Price
- $0.09059
- Exchange Ticker
- CC-USD-PERP
- Taker / Maker
- 0.0075% / 0%
- Funding APR(8h)
- -15.36%
- OI
- $9.96K
- 24h Vol
- $1.70K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short1346 long / 1352 short samples · 8 days · auto-refresh every 30s