DRAM · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.25%, but entry and exit cost 1.16% 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 0.25% 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 | +$24.77 | -$25.23 | -$75.23 |
| Round-trip fees | −$23.00 | −$23.00 | −$23.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.41 | −$0.41 | −$0.41 |
| Net potential | -$90.78 | -$140.78 | -$190.78 |
⏱ Hold time (estimated from history)
Not enough comparable episodes in the 1D history to estimate timing — pick a larger window (7D / 30D) where the spread has been this wide before.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 236 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.
Phemex(cex)- Mark Price
- $62.5700
- Exchange Ticker
- DRAMUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(8h)
- +0.00%
- OI
- $1.71M
- 24h Vol
- $652.65K
Bybit(cex)- Mark Price
- $62.7250
- Exchange Ticker
- DRAMUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(8h)
- -35.91%
- OI
- $9.03M
- 24h Vol
- $5.21M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short234 long / 234 short samples · 2 days · auto-refresh every 30s