OPENAI · Convergence Trade
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 5.30% 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 | +$529.82 | +$479.82 | +$429.82 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.04 | +$0.04 | +$0.04 |
| Net potential | +$503.19 | +$453.19 | +$403.19 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 4.77% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 6 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 · 233 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.
QFEX(cex)- Mark Price
- $1,586.4
- Exchange Ticker
- OPENAI-USD
- Taker / Maker
- 0.1% / 0.05%
- Funding APR(1h)
- +0.06%
- OI
- $604.76K
- 24h Vol
- $11.64K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Lighter Robinhood(dex)- Mark Price
- $1,670.45
- Exchange Ticker
- OPENAI-USDG
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +3.51%
- OI
- $3.95M
- 24h Vol
- $13.70M
233 long / 233 short samples · 1 day · auto-refresh every 30s