ETH · Convergence Trade
Profit Calculator
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% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$5.64 | -$44.36 | -$94.36 |
| Round-trip fees | −$24.00 | −$24.00 | −$24.00 |
| Slippage(orderbook) | −$2.51 | −$2.51 | −$2.51 |
| Funding drag(est. 1h hold) | −$0.07 | −$0.07 | −$0.07 |
| Net potential | -$20.94 | -$70.94 | -$120.94 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.01% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 7 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 · 281 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.
Toobit(cex)- Mark Price
- $1,951.59
- Exchange Ticker
- ETH-SWAP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +9.14%
- OI
- $11.21M
- 24h Vol
- $3342.67M
KuCoin(cex)- Mark Price
- $1,952.69
- Exchange Ticker
- ETHUSDTM
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +3.18%
- OI
- $741.98M
- 24h Vol
- $157.83M
280 long / 279 short samples · 2 days · auto-refresh every 30s