HYPE · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.00%, but entry and exit cost 0.73% 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 0.00% 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 | +$0.35 | -$49.65 | -$99.65 |
| Round-trip fees | −$21.00 | −$21.00 | −$21.00 |
| Slippage(orderbook) | −$53.10 | −$53.10 | −$53.10 |
| Funding drag(est. 1h hold) | +$0.62 | +$0.62 | +$0.62 |
| Net potential | -$73.13 | -$123.13 | -$173.13 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.05%) — most of the convergence has happened, little potential left.
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.
Hibachi(dex)- Mark Price
- $80.4132
- Exchange Ticker
- HYPE/USDT-P
- Taker / Maker
- 0.045% / 0%
- Funding APR(1h)
- -16.66%
- OI
- $108.76K
- 24h Vol
- $95.11K
BloFin(cex)- Mark Price
- $80.4160
- Exchange Ticker
- HYPE-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +37.26%
- OI
- $14.38M
- 24h Vol
- $7.16M
282 long / 283 short samples · 2 days · auto-refresh every 30s