HYPE · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.18%, but entry and exit cost 2.64% 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 0.18% 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 | +$18.20 | -$31.80 | -$81.80 |
| Round-trip fees | −$18.00 | −$18.00 | −$18.00 |
| Slippage(orderbook) | −$247.73 | −$247.73 | −$247.73 |
| Funding drag(est. 1h hold) | +$2.07 | +$2.07 | +$2.07 |
| Net potential | -$245.46 | -$295.46 | -$345.46 |
⏱ 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 16 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 · 283 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.
Crypto.com(cex)- Mark Price
- $88.1770
- Exchange Ticker
- HYPEUSD-PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- -75.08%
- OI
- $79.68K
- 24h Vol
- $24.94K
Pacifica(dex)- Mark Price
- $88.3375
- Exchange Ticker
- HYPE
- Taker / Maker
- 0.04% / 0.015%
- Funding APR(1h)
- +105.94%
- OI
- $7.69M
- 24h Vol
- $4.60M
283 long / 283 short samples · 2 days · auto-refresh every 30s