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 0.36% 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 | +$35.56 | -$14.44 | -$64.44 |
| Round-trip fees | −$25.00 | −$25.00 | −$25.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.51 | +$0.51 | +$0.51 |
| Net potential | +$11.07 | -$38.93 | -$88.93 |
⏱ 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 18 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 · 119 samples
Gate.io(cex)- Mark Price
- $0.5062
- Exchange Ticker
- O_USDT
- Taker / Maker
- 0.075% / -0.01%
- Funding APR(4h)
- +10.96%
- OI
- $963.94K
- 24h Vol
- $391.30K
⚠ 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 Short90 long / 89 short samples · 2 days · auto-refresh every 30s