DOGE · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.29% 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 | +$29.09 | -$20.91 | -$70.91 |
| Round-trip fees | −$17.00 | −$17.00 | −$17.00 |
| Slippage(orderbook) | −$7.86 | −$7.86 | −$7.86 |
| Funding drag(est. 1h hold) | +$0.24 | +$0.24 | +$0.24 |
| Net potential | +$4.47 | -$45.53 | -$95.53 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.04% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 5 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 · 274 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.
Bybit(cex)- Mark Price
- $0.08079
- Exchange Ticker
- DOGEUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(8h)
- +5.61%
- OI
- $117.38M
- 24h Vol
- $97.85M
RiseX(dex)- Mark Price
- $0.08102
- Exchange Ticker
- DOGE-PERP
- Taker / Maker
- 0.03% / 0.01%
- Funding APR(1h)
- +26.22%
- OI
- $230.12K
- 24h Vol
- $287.67K
274 long / 274 short samples · 2 days · auto-refresh every 30s