CRCL · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.26%, but entry and exit cost 0.28% 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 0.26% 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 | +$26.12 | -$23.88 | -$73.88 |
| Round-trip fees | −$19.00 | −$19.00 | −$19.00 |
| Slippage(orderbook) | −$9.26 | −$9.26 | −$9.26 |
| Funding drag(est. 1h hold) | +$0.21 | +$0.21 | +$0.21 |
| Net potential | -$1.93 | -$51.93 | -$101.93 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.14% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 7 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 · 282 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
- $81.9959
- Exchange Ticker
- CRCL-USD.P
- Taker / Maker
- 0.035% / 0.015%
- Funding APR(1h)
- +5.52%
- OI
- $1.59M
- 24h Vol
- $1.21M
BloFin(cex)- Mark Price
- $82.2100
- Exchange Ticker
- CRCL-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +23.84%
- OI
- $1.58M
- 24h Vol
- $248.33K
282 long / 282 short samples · 2 days · auto-refresh every 30s