FET · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.23% 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 | +$23.49 | -$26.51 | -$76.51 |
| Round-trip fees | −$18.00 | −$18.00 | −$18.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.13 | +$0.13 | +$0.13 |
| Net potential | +$5.62 | -$44.38 | -$94.38 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.19% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 45 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 · 196 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.
WOOFi Pro(dex)- Mark Price
- $0.1227
- Exchange Ticker
- PERP_FET_USDC
- Taker / Maker
- 0.03% / 0%
- Funding APR(8h)
- -0.28%
- OI
- $5.99K
- 24h Vol
- $745.77K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
BitMart(cex)- Mark Price
- $0.1230
- Exchange Ticker
- FETUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +10.95%
- OI
- $27.69M
- 24h Vol
- $8.00M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short193 long / 193 short samples · 2 days · auto-refresh every 30s