LLY · Convergence Trade
Sparse data (31% of expected samples) — statistics may be unreliable
Forward-fill used for gaps in mark-price history. Smaller window or current spread reading more trustworthy than long-range stats.
Profit Calculator
Three scenarios: the current spread 0.11% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$10.93 | -$39.07 | -$89.07 |
| Round-trip fees | −$28.00 | −$28.00 | −$28.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.02 | +$0.02 | +$0.02 |
| Net potential | -$17.05 | -$67.05 | -$117.05 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.07% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 10 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 · 108 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.
![trade[XYZ]](/icons/exchanges/hyperliquid.jpg){kind=icon}
trade[XYZ](dex)- Mark Price
- $1,180
- Exchange Ticker
- xyz:LLY
- Taker / Maker
- 0.09% / 0.03%
- Funding APR(1h)
- +9.52%
- OI
- $4.47M
- 24h Vol
- $136.13K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Gate.io(cex)- Mark Price
- $1,181.29
- Exchange Ticker
- LLY_USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +10.95%
- OI
- $554.25K
- 24h Vol
- $107.77K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short88 long / 88 short samples · 2 days · auto-refresh every 30s