MINIMAX · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.16%, but entry and exit cost 0.25% of the position. The trade is a loss at entry regardless of how the spread moves afterwards. Reduce the size, or pick another pair.
Three scenarios: the current spread 0.16% 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 | +$15.59 | -$34.41 | -$84.41 |
| Round-trip fees | −$26.00 | −$26.00 | −$26.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.95 | +$0.95 | +$0.95 |
| Net potential | -$9.46 | -$59.46 | -$109.46 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.10% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 51 comparable episodes over 1D. Check the position roughly every ~1h.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 279 samples
Gate.io(cex)- Mark Price
- $19.2400
- Exchange Ticker
- MINIMAX_USDT
- Taker / Maker
- 0.075% / -0.01%
- Funding APR(8h)
- +0.00%
- OI
- $468.10K
- 24h Vol
- $572.08K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Bybit(cex)- Mark Price
- $19.2700
- Exchange Ticker
- MINIMAXUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(8h)
- +83.41%
- OI
- $918.17K
- 24h Vol
- $62.80K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short256 long / 255 short samples · 2 days · auto-refresh every 30s