ETH · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.06%, but entry and exit cost 0.14% 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 | +$5.65 | -$44.35 | -$94.35 |
| Round-trip fees | −$11.50 | −$11.50 | −$11.50 |
| Slippage(orderbook) | −$2.97 | −$2.97 | −$2.97 |
| Funding drag(est. 1h hold) | +$0.02 | +$0.02 | +$0.02 |
| Net potential | -$8.80 | -$58.80 | -$108.80 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.05% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 41 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 · 284 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.
Paradex(dex)- Mark Price
- $2,502.93
- Exchange Ticker
- ETH-USD-PERP
- Taker / Maker
- 0.0075% / 0%
- Funding APR(8h)
- -4.19%
- OI
- $1.76M
- 24h Vol
- $167.06K
ApeX(dex)- Mark Price
- $2,504.34
- Exchange Ticker
- ETH-USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- -2.27%
- OI
- $3.73M
- 24h Vol
- $8.73M
284 long / 284 short samples · 2 days · auto-refresh every 30s