GBP · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.10%, but entry and exit cost 0.28% 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 0.10% 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 | +$9.84 | -$40.16 | -$90.16 |
| Round-trip fees | −$28.00 | −$28.00 | −$28.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.05 | +$0.05 | +$0.05 |
| Net potential | -$18.11 | -$68.11 | -$118.11 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.03% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 20 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 · 279 samples
WEEX(cex)- Mark Price
- $1.3208
- Exchange Ticker
- GBPUSDT
- Taker / Maker
- 0.08% / 0.02%
- Funding APR(4h)
- -4.34%
- OI
- $351.91K
- 24h Vol
- $59.11K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Hotcoin(cex)- Mark Price
- $1.3221
- Exchange Ticker
- GBPUSDUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +0.18%
- OI
- $0.00
- 24h Vol
- $2.25K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short249 long / 251 short samples · 2 days · auto-refresh every 30s