MANA · 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 0.15% 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 | +$15.36 | -$34.64 | -$84.64 |
| Round-trip fees | −$12.00 | −$12.00 | −$12.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$1.06 | +$1.06 | +$1.06 |
| Net potential | +$4.42 | -$45.58 | -$95.58 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.21%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 284 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.
- Mark Price
- $0.08787
- Exchange Ticker
- MANA
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- -68.33%
- OI
- $253.13K
- 24h Vol
- $446.17
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $0.08801
- Exchange Ticker
- MANA-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +24.11%
- OI
- $178.53K
- 24h Vol
- $32.75K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short257 long / 255 short samples · 2 days · auto-refresh every 30s