FOLKS · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.35% 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 | +$35.44 | -$14.56 | -$64.56 |
| Round-trip fees | −$24.00 | −$24.00 | −$24.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.06 | +$0.06 | +$0.06 |
| Net potential | +$11.50 | -$38.50 | -$88.50 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.65%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 249 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.
- Mark Price
- $1.8791
- Exchange Ticker
- FOLKSUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +45.64%
- OI
- $8.96M
- 24h Vol
- $4.42M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $1.8858
- Exchange Ticker
- FOLKSUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +50.59%
- OI
- $1.31M
- 24h Vol
- $210.53K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short230 long / 189 short samples · 2 days · auto-refresh every 30s