PIEVERSE · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.17% 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 | +$17.43 | -$32.57 | -$82.57 |
| Round-trip fees | −$10.00 | −$10.00 | −$10.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | +$7.43 | -$42.57 | -$92.57 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.11% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 370 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 · 1,866 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.
- Mark Price
- $0.8892
- Exchange Ticker
- PIEVERSE
- Taker / Maker
- 0% / 0%
- Funding APR(4h)
- +10.95%
- OI
- $20.35K
- 24h Vol
- $1.69K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $0.8908
- Exchange Ticker
- PIEVERSE-USDT-SWAP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +10.95%
- OI
- $3.49M
- 24h Vol
- $4.31M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short1612 long / 1620 short samples · 8 days · auto-refresh every 30s