ETH · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.03%, but entry and exit cost 0.27% 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 0.03% 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 | +$2.98 | -$47.02 | -$97.02 |
| Round-trip fees | −$15.00 | −$15.00 | −$15.00 |
| Slippage(orderbook) | −$12.42 | −$12.42 | −$12.42 |
| Funding drag(est. 1h hold) | +$0.55 | +$0.55 | +$0.55 |
| Net potential | -$23.89 | -$73.89 | -$123.89 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.04%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 275 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
- $2,418.33
- Exchange Ticker
- ETH/USDT-P
- Taker / Maker
- 0.045% / 0%
- Funding APR(1h)
- -8.76%
- OI
- $220.23K
- 24h Vol
- $388.72K
RiseX(dex)- Mark Price
- $2,419.06
- Exchange Ticker
- ETH-PERP
- Taker / Maker
- 0.03% / 0.01%
- Funding APR(1h)
- +39.35%
- OI
- $8.27M
- 24h Vol
- $9.98M
225 long / 275 short samples · 2 days · auto-refresh every 30s