METIS · Convergence Trade
Sparse data (34% 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 0.13% 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 | +$12.67 | -$37.33 | -$87.33 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.04 | +$0.04 | +$0.04 |
| Net potential | -$7.29 | -$57.29 | -$107.29 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.13%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 167 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
- $2.3670
- Exchange Ticker
- METISUSDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +10.95%
- OI
- $1.27M
- 24h Vol
- $413.93K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $2.3700
- Exchange Ticker
- METIS_USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +14.23%
- OI
- $53.98K
- 24h Vol
- $21.73K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short99 long / 86 short samples · 2 days · auto-refresh every 30s