DOT · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.32%, but entry and exit cost 0.44% 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 0.32% 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 | +$32.16 | -$17.84 | -$67.84 |
| Round-trip fees | −$12.00 | −$12.00 | −$12.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.25 | +$0.25 | +$0.25 |
| Net potential | -$11.44 | -$61.44 | -$111.44 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.21% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 35 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 · 279 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.
Variational(dex)- Mark Price
- $1.2609
- Exchange Ticker
- DOT
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- +10.96%
- OI
- $594.48K
- 24h Vol
- $179.52K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Phemex(cex)- Mark Price
- $1.2650
- Exchange Ticker
- DOTUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(8h)
- +33.23%
- OI
- $2.82M
- 24h Vol
- $1.78M
279 long / 279 short samples · 2 days · auto-refresh every 30s