IO · Convergence Trade
Sparse data (31% of expected samples) — statistics may be unreliable
Forward-fill used for gaps in mark-price history. Smaller window or current spread reading more trustworthy than long-range stats.
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 0.28% 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 | +$28.22 | -$21.78 | -$71.78 |
| Round-trip fees | −$22.00 | −$22.00 | −$22.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.86 | +$0.86 | +$0.86 |
| Net potential | +$7.08 | -$42.92 | -$92.92 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.28%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 178 samples
- Mark Price
- $0.1063
- Exchange Ticker
- IOUSD-PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- -63.46%
- OI
- $4.34K
- 24h Vol
- $1.24K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $0.1066
- Exchange Ticker
- IO-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +11.49%
- OI
- $126.77K
- 24h Vol
- $15.02K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short90 long / 90 short samples · 2 days · auto-refresh every 30s