ETH · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.16%, but entry and exit cost 0.31% 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 0.16% 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 | +$15.85 | -$34.15 | -$84.15 |
| Round-trip fees | −$25.60 | −$25.60 | −$25.60 |
| Slippage(orderbook) | −$5.69 | −$5.69 | −$5.69 |
| Funding drag(est. 1h hold) | +$0.52 | +$0.52 | +$0.52 |
| Net potential | -$14.92 | -$64.92 | -$114.92 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.10% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 15 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 · 267 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.
Perpl(dex)- Mark Price
- $2,688.27
- Exchange Ticker
- ETH
- Taker / Maker
- 0.088% / 0.05%
- Funding APR(43m)
- +36.69%
- OI
- $495.59K
- 24h Vol
- $968.30K
Coinbase International(cex)- Mark Price
- $2,692.53
- Exchange Ticker
- ETH-PERP
- Taker / Maker
- 0.04% / 0.02%
- Funding APR(1h)
- +82.40%
- OI
- $38.09M
- 24h Vol
- $2391.20M
267 long / 267 short samples · 2 days · auto-refresh every 30s