ENA · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.21%, but entry and exit cost 0.41% 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 0.21% 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 | +$21.42 | -$28.58 | -$78.58 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(orderbook) | −$22.51 | −$22.51 | −$22.51 |
| Funding drag(est. 1h hold) | +$1.10 | +$1.10 | +$1.10 |
| Net potential | -$19.99 | -$69.99 | -$119.99 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.69%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 278 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.
Hotcoin(cex)- Mark Price
- $0.2802
- Exchange Ticker
- ENAUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -13.15%
- OI
- $10.65M
- 24h Vol
- $69.39M
Coinbase International(cex)- Mark Price
- $0.2808
- Exchange Ticker
- ENA-PERP
- Taker / Maker
- 0.04% / 0.02%
- Funding APR(1h)
- +83.28%
- OI
- $1.11M
- 24h Vol
- $1.91M
278 long / 54 short samples · 2 days · auto-refresh every 30s