JUP · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.24%, but entry and exit cost 0.34% 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 0.24% 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 | +$24.42 | -$25.58 | -$75.58 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.01 | −$0.01 | −$0.01 |
| Net potential | -$9.80 | -$59.80 | -$109.80 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.12% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 51 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 · 279 samples
Binance Futures(cex)- Mark Price
- $0.2577
- Exchange Ticker
- JUPUSDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +8.26%
- OI
- $12.57M
- 24h Vol
- $20.24M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
grvt(dex)- Mark Price
- $0.2583
- Exchange Ticker
- JUP_USDT_Perp
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(4h)
- +7.01%
- OI
- $1.40M
- 24h Vol
- $3.84M
258 long / 242 short samples · 2 days · auto-refresh every 30s