DOGE · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.11%, but entry and exit cost 0.33% 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 0.11% 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 | +$11.09 | -$38.91 | -$88.91 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.64 | +$0.64 | +$0.64 |
| Net potential | -$21.96 | -$71.96 | -$121.96 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.08% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 59 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 · 282 samples
Crypto.com(cex)- Mark Price
- $0.06314
- Exchange Ticker
- DOGEUSD-PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- -37.76%
- OI
- $303.97K
- 24h Vol
- $2.18M
Backpack(cex)- Mark Price
- $0.06321
- Exchange Ticker
- DOGE_USDC_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- +18.51%
- OI
- $553.87K
- 24h Vol
- $352.17K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short281 long / 282 short samples · 2 days · auto-refresh every 30s