GOOGL · Convergence Trade
Profit Calculator
Slippage is not in these figures yet — the order book is still loading. Breakeven is understated and tradeability overstated until it arrives; wait for the refresh before judging the trade.
Three scenarios: the current spread 0.15% 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 | +$15.22 | -$34.78 | -$84.78 |
| Round-trip fees | −$15.00 | −$15.00 | −$15.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.43 | +$0.43 | +$0.43 |
| Net potential | +$0.65 | -$49.35 | -$99.35 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.13% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 50 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 · 285 samples
Ondo(dex)- Mark Price
- $282.4400
- Exchange Ticker
- GOOGL-USD.P
- Taker / Maker
- 0.035% / 0.015%
- Funding APR(1h)
- +5.52%
- OI
- $4.13M
- 24h Vol
- $6.75M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Polymarket(dex)- Mark Price
- $282.8700
- Exchange Ticker
- GOOG-USD
- Taker / Maker
- 0.04% / 0.0125%
- Funding APR(1h)
- +42.99%
- OI
- $1.11M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short285 long / 285 short samples · 2 days · auto-refresh every 30s