ONDO · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.23% 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 | +$23.11 | -$26.89 | -$76.89 |
| Round-trip fees | −$18.00 | −$18.00 | −$18.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.49 | +$0.49 | +$0.49 |
| Net potential | +$5.60 | -$44.40 | -$94.40 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.09% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 14 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 · 253 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.
Reya(dex)- Mark Price
- $0.3337
- Exchange Ticker
- ONDORUSDPERP
- Taker / Maker
- 0.03% / 0.01%
- Funding APR(1h)
- -14.76%
- OI
- $1.76K
- 24h Vol
- $0.00
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
BloFin(cex)- Mark Price
- $0.3345
- Exchange Ticker
- ONDO-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +28.03%
- OI
- $2.19M
- 24h Vol
- $544.41K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short225 long / 223 short samples · 2 days · auto-refresh every 30s