ETH · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.21% 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 | +$20.61 | -$29.39 | -$79.39 |
| Round-trip fees | −$19.00 | −$19.00 | −$19.00 |
| Slippage(orderbook) | −$4.84 | −$4.84 | −$4.84 |
| Funding drag(est. 1h hold) | +$0.05 | +$0.05 | +$0.05 |
| Net potential | -$3.18 | -$53.18 | -$103.18 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.17% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 43 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 · 236 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.
Ondo(dex)- Mark Price
- $1,903.51
- Exchange Ticker
- ETH-USD.P
- Taker / Maker
- 0.035% / 0.015%
- Funding APR(1h)
- +0.61%
- OI
- $5.27M
- 24h Vol
- $4.54M
BitMart(cex)- Mark Price
- $1,907.43
- Exchange Ticker
- ETHUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +5.23%
- OI
- $53.77M
- 24h Vol
- $1666.77M
235 long / 234 short samples · 2 days · auto-refresh every 30s