HYPE · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.09%, but entry and exit cost 0.72% 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 0.09% 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 | +$8.92 | -$41.08 | -$91.08 |
| Round-trip fees | −$22.00 | −$22.00 | −$22.00 |
| Slippage(orderbook) | −$51.12 | −$51.12 | −$51.12 |
| Funding drag(est. 1h hold) | +$0.92 | +$0.92 | +$0.92 |
| Net potential | -$63.28 | -$113.28 | -$163.28 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.03% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 17 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 · 284 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.
dYdX(dex)- Mark Price
- $90.6302
- Exchange Ticker
- HYPE-USD
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(1h)
- -43.61%
- OI
- $101.24K
- 24h Vol
- $22.67K
BloFin(cex)- Mark Price
- $90.7110
- Exchange Ticker
- HYPE-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +37.26%
- OI
- $17.59M
- 24h Vol
- $9.68M
284 long / 284 short samples · 2 days · auto-refresh every 30s