CRWV · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.09% 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 | +$8.51 | -$41.49 | -$91.49 |
| Round-trip fees | −$30.00 | −$30.00 | −$30.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.06 | −$0.06 | −$0.06 |
| Net potential | -$28.32 | -$78.32 | -$128.32 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.17%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 245 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.
![trade[XYZ]](/icons/exchanges/hyperliquid.jpg){kind=icon}
trade[XYZ](dex)- Mark Price
- $105.7700
- Exchange Ticker
- xyz:CRWV
- Taker / Maker
- 0.09% / 0.03%
- Funding APR(1h)
- +5.47%
- OI
- $15.25M
- 24h Vol
- $16.67M
Bitunix(cex)- Mark Price
- $105.8600
- Exchange Ticker
- CRWVUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- -0.15%
- 24h Vol
- $340.15K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short192 long / 232 short samples · 2 days · auto-refresh every 30s