KMNO · Convergence Trade
Sparse data (31% of expected samples) — statistics may be unreliable
Forward-fill used for gaps in mark-price history. Smaller window or current spread reading more trustworthy than long-range stats.
Profit Calculator
This spread does not cover its own costs
The spread is 0.17%, but entry and exit cost 0.21% 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 0.17% 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 | +$16.54 | -$33.46 | -$83.46 |
| Round-trip fees | −$22.00 | −$22.00 | −$22.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.75 | +$0.75 | +$0.75 |
| Net potential | -$4.71 | -$54.71 | -$104.71 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.13% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 43 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 · 147 samples
OKX(cex)- Mark Price
- $0.03023
- Exchange Ticker
- KMNO-USDT-SWAP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- -54.48%
- OI
- $573.20K
- 24h Vol
- $933.13K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Bitget(cex)- Mark Price
- $0.03028
- Exchange Ticker
- KMNOUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $550.69K
- 24h Vol
- $186.82K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short90 long / 88 short samples · 2 days · auto-refresh every 30s