HYPE · Convergence Trade
Profit Calculator
Slippage is not in these figures yet — the order book is still loading. Breakeven is understated and tradeability overstated until it arrives; wait for the refresh before judging the trade.
Three scenarios: the current spread 0.11% 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 | +$10.55 | -$39.45 | -$89.45 |
| Round-trip fees | −$9.00 | −$9.00 | −$9.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.01 | −$0.01 | −$0.01 |
| Net potential | +$1.54 | -$48.46 | -$98.46 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.08% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 34 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 · 282 samples
Hyperliquid(dex)- Mark Price
- $94.7460
- Exchange Ticker
- HYPE
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.96%
- OI
- $2118.13M
- 24h Vol
- $1770.01M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Lighter Robinhood(dex)- Mark Price
- $94.8460
- Exchange Ticker
- HYPE-USDG
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +10.52%
- OI
- $4.28M
- 24h Vol
- $34.76M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short282 long / 282 short samples · 2 days · auto-refresh every 30s