ENS · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.14% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$14.08 | -$35.92 | -$85.92 |
| Round-trip fees | −$8.00 | −$8.00 | −$8.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.31 | −$0.31 | −$0.31 |
| Net potential | +$5.77 | -$44.23 | -$94.23 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.23%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 229 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.
- Mark Price
- $3.9017
- Exchange Ticker
- ENS
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- -19.46%
- OI
- $54.22K
- 24h Vol
- $4.74K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $3.9072
- Exchange Ticker
- ENSUSDT
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(1h)
- -46.63%
- OI
- $2.03K
- 24h Vol
- $2.10K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short192 long / 192 short samples · 2 days · auto-refresh every 30s