PAYP · Convergence Trade
Sparse data (30% of expected samples) — statistics may be unreliable
Forward-fill used for gaps in mark-price history. Smaller window or current spread reading more trustworthy than long-range stats.
Profit Calculator
Three scenarios: the current spread 0.07% 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 | +$6.69 | -$43.31 | -$93.31 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(orderbook) | −$388.20 | −$388.20 | −$388.20 |
| Funding drag(est. 1h hold) | +$0.84 | +$0.84 | +$0.84 |
| Net potential | -$400.67 | -$450.67 | -$500.67 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.18%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 160 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.
grvt(dex)- Mark Price
- $14.9400
- Exchange Ticker
- PAYP_USDT_Perp
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(8h)
- -62.31%
- OI
- $131.29K
- 24h Vol
- $296.11K
Gate.io(cex)- Mark Price
- $14.9500
- Exchange Ticker
- PAYP_USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +10.95%
- OI
- $62.10K
- 24h Vol
- $179.00
87 long / 86 short samples · 2 days · auto-refresh every 30s