ETH · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.09%, 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 0.09% 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 | +$8.76 | -$41.24 | -$91.24 |
| Round-trip fees | −$11.50 | −$11.50 | −$11.50 |
| Slippage(orderbook) | −$2.36 | −$2.36 | −$2.36 |
| Funding drag(est. 1h hold) | +$0.01 | +$0.01 | +$0.01 |
| Net potential | -$5.09 | -$55.09 | -$105.09 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.07% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 52 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.
Paradex(dex)- Mark Price
- $2,384.87
- Exchange Ticker
- ETH-USD-PERP
- Taker / Maker
- 0.0075% / 0%
- Funding APR(8h)
- +2.88%
- OI
- $1.48M
- 24h Vol
- $149.66K
grvt(dex)- Mark Price
- $2,386.96
- Exchange Ticker
- ETH_USDT_Perp
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(8h)
- +4.16%
- OI
- $138.84M
- 24h Vol
- $75.25M
285 long / 285 short samples · 2 days · auto-refresh every 30s