FORM · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.01%, but entry and exit cost 0.22% of the position. The trade is a loss at entry regardless of how the spread moves afterwards. Reduce the size, or pick another pair.
Three scenarios: the current spread 0.01% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.50% | 1.00% |
|---|---|---|---|
| Gross profit | +$1.40 | -$48.60 | -$98.60 |
| Round-trip fees | −$22.00 | −$22.00 | −$22.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.04 | +$0.04 | +$0.04 |
| Net potential | -$20.56 | -$70.56 | -$120.56 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.07%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 280 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.
Binance Futures(cex)- Mark Price
- $0.2801
- Exchange Ticker
- FORMUSDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $10.91M
- 24h Vol
- $5.20M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
BloFin(cex)- Mark Price
- $0.2801
- Exchange Ticker
- FORM-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +14.40%
- OI
- $635.54K
- 24h Vol
- $37.50K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short264 long / 254 short samples · 2 days · auto-refresh every 30s