LINK · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.12%, but entry and exit cost 0.35% 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 0.12% 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 | +$12.11 | -$37.89 | -$87.89 |
| Round-trip fees | −$18.00 | −$18.00 | −$18.00 |
| Slippage(orderbook) | −$17.15 | −$17.15 | −$17.15 |
| Funding drag(est. 1h hold) | +$0.23 | +$0.23 | +$0.23 |
| Net potential | -$22.81 | -$72.81 | -$122.81 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.12%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 282 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.
grvt(dex)- Mark Price
- $14.0370
- Exchange Ticker
- LINK_USDT_Perp
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(8h)
- -1.10%
- OI
- $636.55K
- 24h Vol
- $2.75M
Coinbase International(cex)- Mark Price
- $14.0540
- Exchange Ticker
- LINK-PERP
- Taker / Maker
- 0.04% / 0.02%
- Funding APR(1h)
- +19.29%
- OI
- $1.16M
- 24h Vol
- $2.66M
281 long / 280 short samples · 1 day · auto-refresh every 30s