GRAM · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.11%, but entry and exit cost 0.23% 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 0.11% 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 | +$10.85 | -$39.15 | -$89.15 |
| Round-trip fees | −$24.00 | −$24.00 | −$24.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.52 | +$0.52 | +$0.52 |
| Net potential | -$12.63 | -$62.63 | -$112.63 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.10% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 58 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 · 282 samples
KuCoin(cex)- Mark Price
- $1.1058
- Exchange Ticker
- GRAMUSDTM
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -34.84%
- OI
- $5.27M
- 24h Vol
- $20.82M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Phemex(cex)- Mark Price
- $1.1070
- Exchange Ticker
- GRAMUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(4h)
- +10.96%
- OI
- $1.68M
- 24h Vol
- $1.28M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short261 long / 252 short samples · 2 days · auto-refresh every 30s