PEPE · Convergence Trade
Profit Calculator
Slippage is not in these figures yet — the order book is still loading. Breakeven is understated and tradeability overstated until it arrives; wait for the refresh before judging the trade.
Three scenarios: the current spread 0.21% 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 | +$21.26 | -$28.74 | -$78.74 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.69 | +$0.69 | +$0.69 |
| Net potential | +$1.95 | -$48.05 | -$98.05 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.16% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 65 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
- Mark Price
- $0.000004280
- Exchange Ticker
- PEPEUSD-PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- -49.43%
- OI
- $45.95K
- 24h Vol
- $52.14K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $0.000004289
- Exchange Ticker
- PEPE-USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +10.96%
- OI
- $416.82K
- 24h Vol
- $1.85M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short260 long / 261 short samples · 2 days · auto-refresh every 30s