LINK · Convergence Trade
Profit Calculator
Slippage is not in these figures yet — the order book is still loading. Breakeven is understated and tradeability overstated until it arrives; wait for the refresh before judging the trade.
Three scenarios: the current spread 0.36% 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 | +$35.51 | -$14.49 | -$64.49 |
| Round-trip fees | −$14.00 | −$14.00 | −$14.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.51 | +$0.51 | +$0.51 |
| Net potential | +$22.02 | -$27.98 | -$77.98 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.27% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 26 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 · 285 samples
NADO(dex)- Mark Price
- $11.6158
- Exchange Ticker
- LINK-PERP
- Taker / Maker
- 0.035% / 0.01%
- Funding APR(1h)
- -8.38%
- OI
- $185.15K
- 24h Vol
- $90.00K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Phoenix(dex)- Mark Price
- $11.6570
- Exchange Ticker
- LINK
- Taker / Maker
- 0.035% / 0.005%
- Funding APR(1h)
- +36.10%
- OI
- $14.97K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short285 long / 152 short samples · 2 days · auto-refresh every 30s