JUP · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.19% 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 | +$19.06 | -$30.94 | -$80.94 |
| Round-trip fees | −$17.00 | −$17.00 | −$17.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.73 | +$0.73 | +$0.73 |
| Net potential | -$676.53 | -$726.53 | -$776.53 |
⏱ Hold time (estimated from history)
Over 1D the spread rarely converged to the median 0.06% (58% of episodes never did). The spread may be structural rather than mean-reverting — do not count on a quick exit; take profit on actual compression, not on a timer.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 235 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
- $0.1678
- Exchange Ticker
- JUP-PERP
- Taker / Maker
- 0.035% / 0.01%
- Funding APR(1h)
- -10.54%
- OI
- $481.34K
- 24h Vol
- $20.59K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $0.1682
- Exchange Ticker
- JUP
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(1h)
- +53.44%
- OI
- $23.61K
- 24h Vol
- $5.63K
235 long / 235 short samples · 2 days · auto-refresh every 30s