ETH · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.06%, but entry and exit cost 0.20% 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 0.06% 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 | +$6.47 | -$43.53 | -$93.53 |
| Round-trip fees | −$16.00 | −$16.00 | −$16.00 |
| Slippage(orderbook) | −$3.90 | −$3.90 | −$3.90 |
| Funding drag(est. 1h hold) | +$0.25 | +$0.25 | +$0.25 |
| Net potential | -$13.18 | -$63.18 | -$113.18 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.07%) — 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.
dYdX(dex)- Mark Price
- $2,684.87
- Exchange Ticker
- ETH-USD
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(1h)
- +0.00%
- OI
- $12.77M
- 24h Vol
- $48.08M
WOOFi Pro(dex)- Mark Price
- $2,686.61
- Exchange Ticker
- PERP_ETH_USDC
- Taker / Maker
- 0.03% / 0%
- Funding APR(8h)
- +21.70%
- OI
- $33.03M
- 24h Vol
- $12.15M
280 long / 280 short samples · 1 day · auto-refresh every 30s