MON · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.73%, but entry and exit cost 1.68% 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 0.73% 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 | +$73.25 | +$23.25 | -$26.75 |
| Round-trip fees | −$26.60 | −$26.60 | −$26.60 |
| Slippage(orderbook) | −$142.78 | −$142.78 | −$142.78 |
| Funding drag(est. 1h hold) | +$1.06 | +$1.06 | +$1.06 |
| Net potential | -$95.07 | -$145.07 | -$195.07 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.31% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 30 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 · 281 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
- $0.03287
- Exchange Ticker
- MON
- Taker / Maker
- 0.088% / 0.05%
- Funding APR(43m)
- -48.93%
- OI
- $94.84K
- 24h Vol
- $1.45M
- Mark Price
- $0.03311
- Exchange Ticker
- MON
- Taker / Maker
- 0.045% / -0.005%
- Funding APR(1h)
- +43.56%
- OI
- $10.56K
- 24h Vol
- $1.17M
264 long / 255 short samples · 2 days · auto-refresh every 30s