H · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.06%, 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 0.06% 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 | +$5.68 | -$44.32 | -$94.32 |
| Round-trip fees | −$24.00 | −$24.00 | −$24.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$1.46 | +$1.46 | +$1.46 |
| Net potential | -$16.86 | -$66.86 | -$116.86 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.07%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 260 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
- $0.07041
- Exchange Ticker
- H-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +64.73%
- OI
- $582.71K
- 24h Vol
- $67.33K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $0.07045
- Exchange Ticker
- H-SWAP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +193.02%
- OI
- $499.40K
- 24h Vol
- $986.61K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short230 long / 230 short samples · 1 day · auto-refresh every 30s