ETH · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.02%, but entry and exit cost 0.18% 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 0.02% 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 | +$1.75 | -$48.25 | -$98.25 |
| Round-trip fees | −$18.00 | −$18.00 | −$18.00 |
| Slippage(orderbook) | −$0.12 | −$0.12 | −$0.12 |
| Funding drag(est. 1h hold) | +$0.05 | +$0.05 | +$0.05 |
| Net potential | -$16.32 | -$66.32 | -$116.32 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.01% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 58 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 · 282 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
- $2,684.54
- Exchange Ticker
- ETHUSDT
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(8h)
- +6.35%
- OI
- $272.82M
- 24h Vol
- $118.83M
- Mark Price
- $2,685.01
- Exchange Ticker
- ETH_USDT_Perp
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(8h)
- +10.96%
- OI
- $156.32M
- 24h Vol
- $90.51M
281 long / 280 short samples · 2 days · auto-refresh every 30s