LINK · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.16%, but entry and exit cost 0.74% 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 0.16% 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 | +$16.27 | -$33.73 | -$83.73 |
| Round-trip fees | −$14.50 | −$14.50 | −$14.50 |
| Slippage(orderbook) | −$60.16 | −$60.16 | −$60.16 |
| Funding drag(est. 1h hold) | +$0.61 | +$0.61 | +$0.61 |
| Net potential | -$57.78 | -$107.78 | -$157.78 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.16%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 283 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
- $14.1380
- Exchange Ticker
- LINKUSD-PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- -0.99%
- OI
- $220.85K
- 24h Vol
- $359.00K
- Mark Price
- $14.1610
- Exchange Ticker
- LINK-USD
- Taker / Maker
- 0.0225% / 0%
- Funding APR(1h)
- +52.07%
- OI
- $396.14K
- 24h Vol
- $248.56K
283 long / 283 short samples · 2 days · auto-refresh every 30s