DRAM · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.10%, but entry and exit cost 0.14% 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 0.10% 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 | +$10.47 | -$39.53 | -$89.53 |
| Round-trip fees | −$7.00 | −$7.00 | −$7.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$1.12 | −$1.12 | −$1.12 |
| Net potential | -$3.90 | -$53.90 | -$103.90 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.15%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 237 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.
Ondo(dex)- Mark Price
- $62.6644
- Exchange Ticker
- DRAM-USD.P
- Taker / Maker
- 0.035% / 0.015%
- Funding APR(1h)
- -104.93%
- OI
- $1.33M
- 24h Vol
- $571.24K
Lighter(dex)- Mark Price
- $62.7300
- Exchange Ticker
- DRAM-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- -203.37%
- OI
- $969.22K
- 24h Vol
- $920.11K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short232 long / 231 short samples · 1 day · auto-refresh every 30s