JUP · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.19%, 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 0.19% 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 | +$19.37 | -$30.63 | -$80.63 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.14 | +$0.14 | +$0.14 |
| Net potential | -$0.49 | -$50.49 | -$100.49 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.11% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 42 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 · 282 samples
OKX(cex)- Mark Price
- $0.2581
- Exchange Ticker
- JUP-USDT-SWAP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- -1.37%
- OI
- $3.81M
- 24h Vol
- $6.81M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
BingX(cex)- Mark Price
- $0.2586
- Exchange Ticker
- JUP-USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $1.16M
- 24h Vol
- $2.10M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short261 long / 251 short samples · 2 days · auto-refresh every 30s