JP225 · Convergence Trade
Sparse data (28% 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
Three scenarios: the current spread 0.35% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$35.21 | -$14.79 | -$64.79 |
| Round-trip fees | −$7.00 | −$7.00 | −$7.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.07 | −$0.07 | −$0.07 |
| Net potential | +$28.14 | -$21.86 | -$71.86 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.23% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 9 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 · 114 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.
- Mark Price
- $68,721
- Exchange Ticker
- JP225_USDT
- Taker / Maker
- 0.01% / 0%
- Funding APR(1h)
- +11.39%
- OI
- $436.09K
- 24h Vol
- $141.38K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $68,963
- Exchange Ticker
- JP225-USD
- Taker / Maker
- 0.025% / 0%
- Funding APR(1h)
- +5.26%
- OI
- $612.60
- 24h Vol
- $1.90K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short80 long / 80 short samples · 2 days · auto-refresh every 30s