ENA · Convergence Trade
Profit Calculator
Slippage is not in these figures yet — the order book is still loading. Breakeven is understated and tradeability overstated until it arrives; wait for the refresh before judging the trade.
Three scenarios: the current spread 0.46% 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 | +$45.75 | -$4.25 | -$54.25 |
| Round-trip fees | −$19.00 | −$19.00 | −$19.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.49 | +$0.49 | +$0.49 |
| Net potential | +$27.24 | -$22.76 | -$72.76 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.22% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 24 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 · 285 samples
- Mark Price
- $0.1268
- Exchange Ticker
- ENA/USD
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- -31.56%
- OI
- $30.41K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $0.1273
- Exchange Ticker
- ENA-USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $134.53K
- 24h Vol
- $303.32K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short282 long / 283 short samples · 2 days · auto-refresh every 30s