MORPHO · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.27% 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 | +$27.19 | -$22.81 | -$72.81 |
| Round-trip fees | −$9.00 | −$9.00 | −$9.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | +$18.19 | -$31.81 | -$81.81 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.34%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 226 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.
TxFlow(dex)- Mark Price
- $2.1108
- Exchange Ticker
- MORPHO
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.95%
- OI
- $16.46K
- 24h Vol
- $78.05K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Lighter(dex)- Mark Price
- $2.1165
- Exchange Ticker
- MORPHO-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +10.51%
- OI
- $331.07K
- 24h Vol
- $78.83K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short192 long / 191 short samples · 2 days · auto-refresh every 30s