M · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.31% 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 | +$30.82 | -$19.18 | -$69.18 |
| Round-trip fees | −$24.00 | −$24.00 | −$24.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.50 | −$0.50 | −$0.50 |
| Net potential | +$6.32 | -$43.68 | -$93.68 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.16% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 123 comparable episodes over 7D. Check the position roughly every ~1h.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 7d · 1,382 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.
KuCoin(cex)- Mark Price
- $1.1714
- Exchange Ticker
- MUSDTM
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +69.86%
- OI
- $2.19M
- 24h Vol
- $1.15M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
LBank(cex)- Mark Price
- $1.1750
- Exchange Ticker
- MUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +25.84%
- 24h Vol
- $1.03M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short1355 long / 1360 short samples · 8 days · auto-refresh every 30s