PHAROS · Convergence Trade
Cannot execute — CoinW has no liquidity for this pair
SHORT leg shows OI $0.00 / 24h Vol $0.00 — this is oracle/mark price only, no actual trading. Profit Calculator below is informational; you can’t open this position.
Sparse data (32% 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
This spread does not cover its own costs
The spread is 0.32%, but entry and exit cost 0.81% 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 0.32% 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 | +$31.91 | -$18.09 | -$68.09 |
| Round-trip fees | −$22.00 | −$22.00 | −$22.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.11 | −$0.11 | −$0.11 |
| Net potential | -$49.20 | -$99.20 | -$149.20 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.20% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 45 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 · 255 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.
Binance Futures(cex)- Mark Price
- $0.6821
- Exchange Ticker
- PHAROSUSDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +33.44%
- OI
- $4.62M
- 24h Vol
- $13.93M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
CoinW(cex)- Mark Price
- $0.6843
- Exchange Ticker
- pharos
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +23.88%
93 long / 244 short samples · 2 days · auto-refresh every 30s