FET · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.05% 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 | +$4.81 | -$45.19 | -$95.19 |
| Round-trip fees | −$18.00 | −$18.00 | −$18.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.09 | +$0.09 | +$0.09 |
| Net potential | -$13.10 | -$63.10 | -$113.10 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.17%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 7d · 1,680 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
- $0.1233
- Exchange Ticker
- PERP_FET_USDC
- Taker / Maker
- 0.03% / 0%
- Funding APR(8h)
- +0.19%
- OI
- $8.08K
- 24h Vol
- $754.75K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
BitMart(cex)- Mark Price
- $0.1234
- Exchange Ticker
- FETUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +8.06%
- OI
- $27.69M
- 24h Vol
- $8.00M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short1609 long / 1610 short samples · 8 days · auto-refresh every 30s