LIT · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.12%, but entry and exit cost 0.32% 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 | +$12.05 | -$37.95 | -$87.95 |
| Round-trip fees | −$10.00 | −$10.00 | −$10.00 |
| Slippage(orderbook) | −$22.20 | −$22.20 | −$22.20 |
| Funding drag(est. 1h hold) | +$0.02 | +$0.02 | +$0.02 |
| Net potential | -$20.13 | -$70.13 | -$120.13 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.11% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 41 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.
grvt(dex)- Mark Price
- $4.6470
- Exchange Ticker
- LIT_USDT_Perp
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(4h)
- +8.77%
- OI
- $874.46K
- 24h Vol
- $1.69M
Lighter(dex)- Mark Price
- $4.6526
- Exchange Ticker
- LIT-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +10.52%
- OI
- $55.83M
- 24h Vol
- $14.26M
278 long / 276 short samples · 2 days · auto-refresh every 30s