PONS · 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.
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 0.35% 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 | +$35.24 | -$14.76 | -$64.76 |
| Round-trip fees | −$27.00 | −$27.00 | −$27.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | +$8.24 | -$41.76 | -$91.76 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.17% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 50 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 · 275 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.
Gate.io(cex)- Mark Price
- $0.6384
- Exchange Ticker
- PONS_USDT
- Taker / Maker
- 0.075% / -0.01%
- Funding APR(4h)
- +10.96%
- OI
- $5.62M
- 24h Vol
- $7.30M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
CoinW(cex)- Mark Price
- $0.6407
- Exchange Ticker
- pons
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +10.96%
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short217 long / 260 short samples · 2 days · auto-refresh every 30s