PNUT · Convergence Trade
Sparse data (43% 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 5.17%, but entry and exit cost -0.04% 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 5.17% 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 | +$516.80 | +$466.80 | +$416.80 |
| Round-trip fees | −$18.00 | −$18.00 | −$18.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$22.21 | +$22.21 | +$22.21 |
| Net potential | +$521.01 | +$471.01 | +$421.01 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 5.11%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 154 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
- $0.05476
- Exchange Ticker
- PNUTUSD-PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- -134.51%
- OI
- $10.04K
- 24h Vol
- $1.59K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $0.05759
- Exchange Ticker
- PNUT-PERP
- Taker / Maker
- 0.04% / 0.02%
- Funding APR(1h)
- +1811.06%
- OI
- $325.44K
- 24h Vol
- $1.33K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short124 long / 128 short samples · 2 days · auto-refresh every 30s