JELLYJELLY · 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 0.40% 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 | +$40.43 | -$9.57 | -$59.57 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.74 | +$0.74 | +$0.74 |
| Net potential | +$21.17 | -$28.83 | -$78.83 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.18% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 35 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 · 281 samples
Gate.io(cex)- Mark Price
- $0.03995
- Exchange Ticker
- JELLYJELLY_USDT
- Taker / Maker
- 0.075% / -0.01%
- Funding APR(4h)
- -53.47%
- OI
- $1.19M
- 24h Vol
- $487.25K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Extended(dex)- Mark Price
- $0.04011
- Exchange Ticker
- JELLYJELLY-USD
- Taker / Maker
- 0.025% / 0%
- Funding APR(1h)
- +11.40%
- OI
- $1.66K
- 24h Vol
- $775.03
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short255 long / 250 short samples · 2 days · auto-refresh every 30s