GRASS · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.01% 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 | +$0.77 | -$49.23 | -$99.23 |
| Round-trip fees | −$15.00 | −$15.00 | −$15.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.18 | −$0.18 | −$0.18 |
| Net potential | -$14.41 | -$64.41 | -$114.41 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.11%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 231 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.
Extended(dex)- Mark Price
- $0.3239
- Exchange Ticker
- GRASS-USD
- Taker / Maker
- 0.025% / 0%
- Funding APR(1h)
- +11.39%
- OI
- $207.89K
- 24h Vol
- $1.99M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Gate.io(cex)- Mark Price
- $0.3239
- Exchange Ticker
- GRASS_USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- -3.94%
- OI
- $1.17M
- 24h Vol
- $152.13K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short195 long / 191 short samples · 2 days · auto-refresh every 30s