LINK · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.15%, 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 0.15% 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 | +$15.47 | -$34.53 | -$84.53 |
| Round-trip fees | −$22.00 | −$22.00 | −$22.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.55 | +$0.55 | +$0.55 |
| Net potential | -$5.98 | -$55.98 | -$105.98 |
⏱ 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 32 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 · 284 samples
- Mark Price
- $11.6330
- Exchange Ticker
- LINKUSD-PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- -23.89%
- OI
- $190.07K
- 24h Vol
- $159.48K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $11.6510
- Exchange Ticker
- LINK-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +24.11%
- OI
- $4.01M
- 24h Vol
- $5.15M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short250 long / 282 short samples · 2 days · auto-refresh every 30s