JUP · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.21%, but entry and exit cost 0.45% 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 0.21% 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 | +$21.01 | -$28.99 | -$78.99 |
| Round-trip fees | −$13.50 | −$13.50 | −$13.50 |
| Slippage(orderbook) | −$32.68 | −$32.68 | −$32.68 |
| Funding drag(est. 1h hold) | +$0.79 | +$0.79 | +$0.79 |
| Net potential | -$24.38 | -$74.38 | -$124.38 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.28%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 280 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.
Paradex(dex)- Mark Price
- $0.3240
- Exchange Ticker
- JUP-USD-PERP
- Taker / Maker
- 0.0075% / 0%
- Funding APR(8h)
- -16.30%
- OI
- $7.20K
- 24h Vol
- $207.35
Phemex(cex)- Mark Price
- $0.3247
- Exchange Ticker
- JUPUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(4h)
- +52.48%
- OI
- $2.99M
- 24h Vol
- $2.01M
248 long / 256 short samples · 2 days · auto-refresh every 30s