ETH · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.20% 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 | +$19.62 | -$30.38 | -$80.38 |
| Round-trip fees | −$19.00 | −$19.00 | −$19.00 |
| Slippage(orderbook) | −$2.84 | −$2.84 | −$2.84 |
| Funding drag(est. 1h hold) | +$0.09 | +$0.09 | +$0.09 |
| Net potential | -$2.13 | -$52.13 | -$102.13 |
⏱ 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 348 comparable episodes over 7D. Check the position roughly every ~1h.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 7d · 1,929 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
- $1,906.4
- Exchange Ticker
- ETH-USD.P
- Taker / Maker
- 0.035% / 0.015%
- Funding APR(1h)
- -1.40%
- OI
- $5.30M
- 24h Vol
- $4.42M
BitMart(cex)- Mark Price
- $1,910.14
- Exchange Ticker
- ETHUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +6.91%
- OI
- $53.77M
- 24h Vol
- $1654.87M
1922 long / 1926 short samples · 8 days · auto-refresh every 30s