JUP · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.14%, but entry and exit cost 0.18% 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 0.14% 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 | +$13.98 | -$36.02 | -$86.02 |
| Round-trip fees | −$18.00 | −$18.00 | −$18.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.49 | +$0.49 | +$0.49 |
| Net potential | -$3.53 | -$53.53 | -$103.53 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.07% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 52 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 · 250 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
- $0.2861
- Exchange Ticker
- PERP_JUP_USDC
- Taker / Maker
- 0.03% / 0%
- Funding APR(4h)
- -48.92%
- OI
- $25.17K
- 24h Vol
- $161.33K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $0.2865
- Exchange Ticker
- JUP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -6.22%
- OI
- $796.71K
- 24h Vol
- $297.07K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short234 long / 235 short samples · 2 days · auto-refresh every 30s