METIS · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.07% 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 | +$7.38 | -$42.62 | -$92.62 |
| Round-trip fees | −$18.00 | −$18.00 | −$18.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | -$10.62 | -$60.62 | -$110.62 |
⏱ 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: 7d · 1,945 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.
OKX(cex)- Mark Price
- $2.3520
- Exchange Ticker
- METIS-USDT-SWAP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +10.95%
- OI
- $215.01K
- 24h Vol
- $112.30K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Aster(dex)- Mark Price
- $2.3537
- Exchange Ticker
- METISUSDT
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(1h)
- +10.95%
- OI
- $4.31K
- 24h Vol
- $1.17K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short1935 long / 1575 short samples · 8 days · auto-refresh every 30s