JUP · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.20%, but entry and exit cost 0.20% 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 0.20% 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 | +$19.78 | -$30.22 | -$80.22 |
| Round-trip fees | −$21.00 | −$21.00 | −$21.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.65 | +$0.65 | +$0.65 |
| Net potential | -$0.57 | -$50.57 | -$100.57 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.09% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 46 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 · 283 samples
Hyperliquid(dex)- Mark Price
- $0.2578
- Exchange Ticker
- JUP
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- -40.35%
- OI
- $6.70M
- 24h Vol
- $3.96M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
BloFin(cex)- Mark Price
- $0.2583
- Exchange Ticker
- JUP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +16.55%
- OI
- $584.99K
- 24h Vol
- $443.16K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short283 long / 253 short samples · 2 days · auto-refresh every 30s