ONSEMI · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.30% 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 | +$29.87 | -$20.13 | -$70.13 |
| Round-trip fees | −$27.00 | −$27.00 | −$27.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$2.09 | −$2.09 | −$2.09 |
| Net potential | +$0.78 | -$49.22 | -$99.22 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.23% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 201 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 · 1,370 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.
Bybit(cex)- Mark Price
- $83.7000
- Exchange Ticker
- ONUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(8h)
- +0.00%
- OI
- $201.90K
- 24h Vol
- $171.63K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
WEEX(cex)- Mark Price
- $83.9500
- Exchange Ticker
- ONSTOCKUSDT
- Taker / Maker
- 0.08% / 0.02%
- Funding APR(8h)
- -183.22%
- OI
- $20.15
- 24h Vol
- $33.10K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short1347 long / 1346 short samples · 6 days · auto-refresh every 30s