CHIP · Convergence Trade
Profit Calculator
Slippage is not in these figures yet — the order book is still loading. Breakeven is understated and tradeability overstated until it arrives; wait for the refresh before judging the trade.
Three scenarios: the current spread 0.60% 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 | +$60.14 | +$10.14 | -$39.86 |
| Round-trip fees | −$24.00 | −$24.00 | −$24.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.28 | −$0.28 | −$0.28 |
| Net potential | +$35.86 | -$14.14 | -$64.14 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.09% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 4 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 · 275 samples
Bitget(cex)- Mark Price
- $0.02993
- Exchange Ticker
- CHIPUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $968.00K
- 24h Vol
- $282.34K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Hotcoin(cex)- Mark Price
- $0.03011
- Exchange Ticker
- CHIPUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -13.27%
- OI
- $591.74K
- 24h Vol
- $1.01M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short258 long / 251 short samples · 2 days · auto-refresh every 30s