CRCL · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.03%, but entry and exit cost 0.22% 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 0.03% 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 | +$3.34 | -$46.66 | -$96.66 |
| Round-trip fees | −$10.00 | −$10.00 | −$10.00 |
| Slippage(orderbook) | −$11.89 | −$11.89 | −$11.89 |
| Funding drag(est. 1h hold) | +$0.01 | +$0.01 | +$0.01 |
| Net potential | -$18.54 | -$68.54 | -$118.54 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.02% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 50 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 · 249 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.
Variational(dex)- Mark Price
- $88.6903
- Exchange Ticker
- CRCL
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- -11.95%
- OI
- $2.66M
- 24h Vol
- $990.65K
Pionex(cex)- Mark Price
- $88.7200
- Exchange Ticker
- CRCLX_USDT_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- -10.90%
- OI
- $2.41M
- 24h Vol
- $1.27M
233 long / 231 short samples · 1 day · auto-refresh every 30s