PAXG · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.03%, but entry and exit cost 0.12% 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 | +$3.13 | -$46.87 | -$96.87 |
| Round-trip fees | −$12.00 | −$12.00 | −$12.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.30 | +$0.30 | +$0.30 |
| Net potential | -$8.73 | -$58.73 | -$108.73 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.03% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 24 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 · 282 samples
Lighter(dex)- Mark Price
- $3,895.97
- Exchange Ticker
- PAXG-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- -14.03%
- OI
- $1.68M
- 24h Vol
- $346.15K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Hotcoin(cex)- Mark Price
- $3,897.19
- Exchange Ticker
- PAXGUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +12.05%
- OI
- $13.51M
- 24h Vol
- $1.35M
276 long / 263 short samples · 1 day · auto-refresh every 30s