ETH · 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 0.14% 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 | +$14.41 | -$35.59 | -$85.59 |
| Round-trip fees | −$11.50 | −$11.50 | −$11.50 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.51 | +$0.51 | +$0.51 |
| Net potential | +$2.29 | -$47.71 | -$97.71 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.14%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 280 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.
ApeX(dex)- Mark Price
- $2,686.79
- Exchange Ticker
- ETH-USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- +9.87%
- OI
- $7.80M
- 24h Vol
- $16.78M
Paradex(dex)- Mark Price
- $2,690.66
- Exchange Ticker
- ETH-USD-PERP
- Taker / Maker
- 0.0075% / 0%
- Funding APR(8h)
- +54.92%
- OI
- $14.30M
- 24h Vol
- $4.95M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short280 long / 279 short samples · 2 days · auto-refresh every 30s