HYPE · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.05% 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 | +$5.43 | -$44.57 | -$94.57 |
| Round-trip fees | −$30.00 | −$30.00 | −$30.00 |
| Slippage(orderbook) | −$13.69 | −$13.69 | −$13.69 |
| Funding drag(est. 1h hold) | +$0.36 | +$0.36 | +$0.36 |
| Net potential | -$37.90 | -$87.90 | -$137.90 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.01% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 25 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 · 240 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.
BloFin(cex)- Mark Price
- $58.9300
- Exchange Ticker
- HYPE-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -20.38%
- OI
- $14.23M
- 24h Vol
- $9.29M
HyENA(dex)- Mark Price
- $58.9620
- Exchange Ticker
- hyna:HYPE
- Taker / Maker
- 0.09% / 0.03%
- Funding APR(1h)
- +10.95%
- OI
- $632.51K
- 24h Vol
- $130.90K
236 long / 237 short samples · 2 days · auto-refresh every 30s