CXMT · 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 0.22% 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 | +$22.01 | -$27.99 | -$77.99 |
| Round-trip fees | −$21.00 | −$21.00 | −$21.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$1.20 | +$1.20 | +$1.20 |
| Net potential | +$2.21 | -$47.79 | -$97.79 |
⏱ Hold time (estimated from history)
Over 1D the spread rarely converged to the median 0.03% (100% of episodes never did). The spread may be structural rather than mean-reverting — do not count on a quick exit; take profit on actual compression, not on a timer.
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.
OKX(cex)- Mark Price
- $8.6320
- Exchange Ticker
- CXMT-USDT-SWAP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- -105.55%
- OI
- $1.72M
- 24h Vol
- $1.14M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Bybit(cex)- Mark Price
- $8.6510
- Exchange Ticker
- CXMTUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(8h)
- +0.00%
- OI
- $1.03M
- 24h Vol
- $359.37K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short274 long / 275 short samples · 1 day · auto-refresh every 30s