HOOD · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.07%, but entry and exit cost 0.21% 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 0.07% 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 | +$7.27 | -$42.73 | -$92.73 |
| Round-trip fees | −$22.00 | −$22.00 | −$22.00 |
| Slippage(orderbook) | −$1.80 | −$1.80 | −$1.80 |
| Funding drag(est. 1h hold) | +$2.37 | +$2.37 | +$2.37 |
| Net potential | -$14.16 | -$64.16 | -$114.16 |
⏱ 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 52 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 · 278 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.
Pionex(cex)- Mark Price
- $111.4290
- Exchange Ticker
- HOODX_USDT_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- -0.39%
- OI
- $463.89K
- 24h Vol
- $778.62K
Toobit(cex)- Mark Price
- $111.5100
- Exchange Ticker
- HOOD2-SWAP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +207.19%
- OI
- $1.15M
- 24h Vol
- $2.85M
242 long / 259 short samples · 2 days · auto-refresh every 30s