ETH · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.07%, 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 0.07% 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 | +$7.49 | -$42.51 | -$92.51 |
| Round-trip fees | −$17.00 | −$17.00 | −$17.00 |
| Slippage(orderbook) | −$3.17 | −$3.17 | −$3.17 |
| Funding drag(est. 1h hold) | +$0.47 | +$0.47 | +$0.47 |
| Net potential | -$12.21 | -$62.21 | -$112.21 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.03% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 7 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 · 285 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.
Hibachi(dex)- Mark Price
- $2,716.92
- Exchange Ticker
- ETH/USDT-P
- Taker / Maker
- 0.045% / 0%
- Funding APR(1h)
- -14.03%
- OI
- $257.11K
- 24h Vol
- $2.35M
Pacifica(dex)- Mark Price
- $2,718.95
- Exchange Ticker
- ETH
- Taker / Maker
- 0.04% / 0.015%
- Funding APR(1h)
- +27.26%
- OI
- $21.14M
- 24h Vol
- $126.63M
285 long / 285 short samples · 2 days · auto-refresh every 30s