PIEVERSE · 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 0.48% 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 | +$47.87 | -$2.13 | -$52.13 |
| Round-trip fees | −$27.00 | −$27.00 | −$27.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.07 | −$0.07 | −$0.07 |
| Net potential | +$20.80 | -$29.20 | -$79.20 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.19% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 31 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 · 281 samples
- Mark Price
- $1.7967
- Exchange Ticker
- PIEVERSE_USDT
- Taker / Maker
- 0.075% / -0.01%
- Funding APR(8h)
- +10.96%
- OI
- $6.57M
- 24h Vol
- $3.42M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $1.8053
- Exchange Ticker
- PIEVERSE-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +4.73%
- OI
- $1.04M
- 24h Vol
- $1.39M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short255 long / 254 short samples · 2 days · auto-refresh every 30s