MON · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.18%, but entry and exit cost 0.22% 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 0.18% 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 | +$18.07 | -$31.93 | -$81.93 |
| Round-trip fees | −$23.00 | −$23.00 | −$23.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.84 | +$0.84 | +$0.84 |
| Net potential | -$4.09 | -$54.09 | -$104.09 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.15% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 59 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 · 266 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.
Bybit(cex)- Mark Price
- $0.02767
- Exchange Ticker
- MONUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(8h)
- +7.40%
- OI
- $22.05M
- 24h Vol
- $16.31M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Toobit(cex)- Mark Price
- $0.02772
- Exchange Ticker
- MON-SWAP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +81.08%
- OI
- $1.34M
- 24h Vol
- $2.99M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short233 long / 230 short samples · 1 day · auto-refresh every 30s