LINK · Convergence Trade
Profit Calculator
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% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$16.83 | -$33.17 | -$83.17 |
| Round-trip fees | −$17.00 | −$17.00 | −$17.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.09 | +$0.09 | +$0.09 |
| Net potential | -$8.24 | -$58.24 | -$108.24 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.17%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 237 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
- $9.4926
- Exchange Ticker
- LINK-USD
- Taker / Maker
- 0.025% / 0%
- Funding APR(1h)
- -7.01%
- OI
- $600.34K
- 24h Vol
- $466.63K
- Mark Price
- $9.5086
- Exchange Ticker
- LINKUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +0.97%
- OI
- $26.67M
- 24h Vol
- $13.11M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short237 long / 237 short samples · 2 days · auto-refresh every 30s