MINIMAX · Convergence Trade
Profit Calculator
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% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$15.06 | -$34.94 | -$84.94 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.12 | −$0.12 | −$0.12 |
| Net potential | -$5.06 | -$55.06 | -$105.06 |
⏱ 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 176 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 · 1,495 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
- $42.4800
- Exchange Ticker
- MINIMAXUSDTM
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +10.95%
- OI
- $44.45K
- 24h Vol
- $1.02M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Aster(dex)- Mark Price
- $42.5440
- Exchange Ticker
- MINIMAXUSDT
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(8h)
- +0.00%
- OI
- $26.50K
- 24h Vol
- $23.73K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short1219 long / 1241 short samples · 8 days · auto-refresh every 30s