CXMT · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.03%, but entry and exit cost 0.08% 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 | +$3.12 | -$46.88 | -$96.88 |
| Round-trip fees | −$8.00 | −$8.00 | −$8.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.14 | +$0.14 | +$0.14 |
| Net potential | -$4.74 | -$54.74 | -$104.74 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.03%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 275 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.
Polymarket(dex)- Mark Price
- $8.6550
- Exchange Ticker
- CXMT-USD
- Taker / Maker
- 0.04% / 0.0125%
- Funding APR(1h)
- -10.39%
- OI
- $19.94K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Lighter(dex)- Mark Price
- $8.6577
- Exchange Ticker
- CXMT-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +1.75%
- OI
- $100.78K
- 24h Vol
- $808.39
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short275 long / 232 short samples · 1 day · auto-refresh every 30s