GOOGL · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.08%, but entry and exit cost 0.54% 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 0.08% 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 | +$7.72 | -$42.28 | -$92.28 |
| Round-trip fees | −$24.00 | −$24.00 | −$24.00 |
| Slippage(orderbook) | −$32.24 | −$32.24 | −$32.24 |
| Funding drag(est. 1h hold) | +$1.78 | +$1.78 | +$1.78 |
| Net potential | -$46.74 | -$96.74 | -$146.74 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.05% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 54 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 · 284 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.
KuCoin(cex)- Mark Price
- $349.5400
- Exchange Ticker
- GOOGLUSDTM
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +0.00%
- OI
- $3.21M
- 24h Vol
- $1.85M
Toobit(cex)- Mark Price
- $349.8100
- Exchange Ticker
- GOOGL-SWAP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +155.60%
- OI
- $12.17M
- 24h Vol
- $34.63M
262 long / 263 short samples · 2 days · auto-refresh every 30s