MAGMA · Convergence Trade
Sparse data (9% 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 0.42% 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 | +$41.76 | -$8.24 | -$58.24 |
| Round-trip fees | −$22.00 | −$22.00 | −$22.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | +$19.76 | -$30.24 | -$80.24 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.26% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 57 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 · 333 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
- $0.1602
- Exchange Ticker
- MAGMAUSDTM
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +10.95%
- OI
- $246.79K
- 24h Vol
- $12.51K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Binance Futures(cex)- Mark Price
- $0.1609
- Exchange Ticker
- MAGMAUSDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +10.95%
- OI
- $2.67M
- 24h Vol
- $2.80M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short188 long / 211 short samples · 3 days · auto-refresh every 30s