PAXG · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.25% 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 | +$25.23 | -$24.77 | -$74.77 |
| Round-trip fees | −$2.00 | −$2.00 | −$2.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.03 | +$0.03 | +$0.03 |
| Net potential | +$16.95 | -$33.05 | -$83.05 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.22% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 59 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 · 1,930 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.
Variational(dex)- Mark Price
- $4,393.73
- Exchange Ticker
- PAXG
- Taker / Maker
- 0% / 0%
- Funding APR(4h)
- -2.96%
- OI
- $13.92M
- 24h Vol
- $767.44K
MEXC(cex)- Mark Price
- $4,404.81
- Exchange Ticker
- PAXG_USDT
- Taker / Maker
- 0.01% / 0%
- Funding APR(4h)
- -0.22%
- OI
- $17.66M
- 24h Vol
- $3.58M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short1922 long / 1919 short samples · 8 days · auto-refresh every 30s