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 0.19% 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 | +$18.97 | -$31.03 | -$81.03 |
| Round-trip fees | −$12.00 | −$12.00 | −$12.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.38 | +$0.38 | +$0.38 |
| Net potential | +$2.59 | -$47.41 | -$97.41 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.15% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 69 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 · 278 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.
Variational(dex)- Mark Price
- $14.0194
- Exchange Ticker
- LINK
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- +10.96%
- OI
- $3.29M
- 24h Vol
- $432.01K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Phemex(cex)- Mark Price
- $14.0460
- Exchange Ticker
- LINKUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(8h)
- +44.27%
- OI
- $21.15M
- 24h Vol
- $8.92M
278 long / 278 short samples · 2 days · auto-refresh every 30s