PAXG · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.03%, but entry and exit cost 0.21% 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 0.03% 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 | +$2.81 | -$47.19 | -$97.19 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | -$18.52 | -$68.52 | -$118.52 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.02% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 37 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 · 284 samples
Binance Futures(cex)- Mark Price
- $3,866.8
- Exchange Ticker
- PAXGUSDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $92.64M
- 24h Vol
- $54.89M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
grvt(dex)- Mark Price
- $3,867.89
- Exchange Ticker
- PAXG_USDT_Perp
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(4h)
- +10.96%
- OI
- $1.38M
- 24h Vol
- $1.77M
284 long / 284 short samples · 2 days · auto-refresh every 30s