COMP · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.11%, but entry and exit cost 0.23% of the position. The trade is a loss at entry regardless of how the spread moves afterwards. Reduce the size, or pick another pair.
Three scenarios: the current spread 0.11% 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 | +$10.54 | -$39.46 | -$89.46 |
| Round-trip fees | −$23.00 | −$23.00 | −$23.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.36 | −$0.36 | −$0.36 |
| Net potential | -$12.82 | -$62.82 | -$112.82 |
⏱ 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 59 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 · 281 samples
Bybit(cex)- Mark Price
- $18.9800
- Exchange Ticker
- COMPUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(8h)
- +8.68%
- OI
- $4.54M
- 24h Vol
- $1.25M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Bitget(cex)- Mark Price
- $19.0000
- Exchange Ticker
- COMPUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- -23.01%
- OI
- $1.65M
- 24h Vol
- $174.06K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short254 long / 255 short samples · 2 days · auto-refresh every 30s