GENIUS · Convergence Trade
Sparse data (29% of expected samples) — statistics may be unreliable
Forward-fill used for gaps in mark-price history. Smaller window or current spread reading more trustworthy than long-range stats.
Profit Calculator
Three scenarios: the current spread 0.00% 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 | +$0.00 | -$50.00 | -$100.00 |
| Round-trip fees | −$23.00 | −$23.00 | −$23.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.24 | −$0.24 | −$0.24 |
| Net potential | -$23.24 | -$73.24 | -$123.24 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.15%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 122 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.
Toobit(cex)- Mark Price
- $0.3694
- Exchange Ticker
- GENIUS-SWAP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +31.73%
- OI
- $36.90K
- 24h Vol
- $590.97K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Bybit(cex)- Mark Price
- $0.3694
- Exchange Ticker
- GENIUSUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(4h)
- +10.95%
- OI
- $1.08M
- 24h Vol
- $139.05K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short84 long / 84 short samples · 2 days · auto-refresh every 30s