O · Convergence Trade
Sparse data (31% of expected samples) — statistics may be unreliable
Forward-fill used for gaps in mark-price history. Smaller window or current spread reading more trustworthy than long-range stats.
Profit Calculator
Slippage is not in these figures yet — the order book is still loading. Breakeven is understated and tradeability overstated until it arrives; wait for the refresh before judging the trade.
Three scenarios: the current spread 0.26% 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 | +$25.66 | -$24.34 | -$74.34 |
| Round-trip fees | −$22.00 | −$22.00 | −$22.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.51 | +$0.51 | +$0.51 |
| Net potential | +$4.17 | -$45.83 | -$95.83 |
⏱ 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 31 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 · 137 samples
Bitget(cex)- Mark Price
- $0.5067
- Exchange Ticker
- OUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $1.50M
- 24h Vol
- $177.53K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
OKX(cex)- Mark Price
- $0.5080
- Exchange Ticker
- O-USDT-SWAP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +55.58%
- OI
- $2.25M
- 24h Vol
- $799.11K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short88 long / 90 short samples · 2 days · auto-refresh every 30s