GME · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.22% 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 | +$21.77 | -$28.23 | -$78.23 |
| Round-trip fees | −$24.00 | −$24.00 | −$24.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.12 | −$0.12 | −$0.12 |
| Net potential | -$2.35 | -$52.35 | -$102.35 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.11% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 140 comparable episodes over 7D. Check the position roughly every ~1h.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 7d · 1,540 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
- $18.3700
- Exchange Ticker
- GMEUSDTM
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +10.95%
- OI
- $186.76K
- 24h Vol
- $368.40K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $18.4100
- Exchange Ticker
- GMEUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +0.00%
- OI
- $320.49K
- 24h Vol
- $95.88K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short1317 long / 1325 short samples · 8 days · auto-refresh every 30s