ORCL · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.09%, but entry and exit cost 1.45% of the position. The trade is a loss at entry regardless of how the spread moves afterwards. Reduce the size, or pick another pair.
Three scenarios: the current spread 0.09% 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 | +$9.25 | -$40.75 | -$90.75 |
| Round-trip fees | −$14.50 | −$14.50 | −$14.50 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$1.62 | +$1.62 | +$1.62 |
| Net potential | -$135.30 | -$185.30 | -$235.30 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.10%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 284 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.
Crypto.com(cex)- Mark Price
- $140.4800
- Exchange Ticker
- ORCLUSD-PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- -97.28%
- OI
- $162.96K
- 24h Vol
- $45.14K
Arcus(dex)- Mark Price
- $140.6100
- Exchange Ticker
- ORCL-USD
- Taker / Maker
- 0.0225% / 0%
- Funding APR(1h)
- +44.34%
- OI
- $99.98K
- 24h Vol
- $169.53K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short253 long / 262 short samples · 2 days · auto-refresh every 30s