PONS · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.00%, but entry and exit cost 0.55% 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 0.00% 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 | +$0.00 | -$50.00 | -$100.00 |
| Round-trip fees | −$22.00 | −$22.00 | −$22.00 |
| Slippage(orderbook) | −$33.48 | −$33.48 | −$33.48 |
| Funding drag(est. 1h hold) | +$0.30 | +$0.30 | +$0.30 |
| Net potential | -$55.18 | -$105.18 | -$155.18 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.11%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 280 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
- $0.5757
- Exchange Ticker
- PONSUSDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +26.94%
- OI
- $41.23M
- 24h Vol
- $52.99M
BloFin(cex)- Mark Price
- $0.5757
- Exchange Ticker
- PONS-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +53.12%
- OI
- $1.92M
- 24h Vol
- $1.06M
273 long / 228 short samples · 1 day · auto-refresh every 30s