LINK · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.00%, but entry and exit cost 0.15% 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 0.00% 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 | +$0.34 | -$49.66 | -$99.66 |
| Round-trip fees | −$15.00 | −$15.00 | −$15.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.37 | +$0.37 | +$0.37 |
| Net potential | -$14.29 | -$64.29 | -$114.29 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.01%) — 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
- $11.4690
- Exchange Ticker
- LINK
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +4.00%
- OI
- $20.81K
- 24h Vol
- $187.72K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $11.4694
- Exchange Ticker
- LINKRUSDPERP
- Taker / Maker
- 0.03% / 0.01%
- Funding APR(1h)
- +36.75%
- OI
- $2.91K
- 24h Vol
- $20.13K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short283 long / 283 short samples · 2 days · auto-refresh every 30s