NFLX · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.21% 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 | +$20.95 | -$29.05 | -$79.05 |
| Round-trip fees | −$17.00 | −$17.00 | −$17.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.06 | −$0.06 | −$0.06 |
| Net potential | +$3.89 | -$46.11 | -$96.11 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.18% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 252 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 · 1,605 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.
Ondo(dex)- Mark Price
- $75.4819
- Exchange Ticker
- NFLX-USD.P
- Taker / Maker
- 0.035% / 0.015%
- Funding APR(1h)
- +5.52%
- OI
- $177.46K
- 24h Vol
- $148.29K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
OKX(cex)- Mark Price
- $75.6400
- Exchange Ticker
- NFLX-USDT-SWAP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +0.00%
- OI
- $722.46K
- 24h Vol
- $312.45K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short1352 long / 1368 short samples · 8 days · auto-refresh every 30s