MON · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.48% 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 | +$47.51 | -$2.49 | -$52.49 |
| Round-trip fees | −$27.60 | −$27.60 | −$27.60 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$2.41 | +$2.41 | +$2.41 |
| Net potential | -$37.34 | -$87.34 | -$137.34 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.13% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 6 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 · 274 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.
N1(dex)- Mark Price
- $0.02000
- Exchange Ticker
- MON
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(1h)
- -174.32%
- OI
- $19.44K
- 24h Vol
- $100.82
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Perpl(dex)- Mark Price
- $0.02009
- Exchange Ticker
- MON
- Taker / Maker
- 0.088% / 0.05%
- Funding APR(43m)
- +36.67%
- OI
- $155.15K
- 24h Vol
- $555.30K
272 long / 272 short samples · 2 days · auto-refresh every 30s