PONS · 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 0.23% 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 | +$23.42 | -$26.58 | -$76.58 |
| Round-trip fees | −$19.00 | −$19.00 | −$19.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$1.33 | +$1.33 | +$1.33 |
| Net potential | +$5.75 | -$44.25 | -$94.25 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.15% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 55 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 · 282 samples
Gate.io(cex)- Mark Price
- $0.1281
- Exchange Ticker
- PONS_USDT
- Taker / Maker
- 0.075% / -0.01%
- Funding APR(4h)
- -105.85%
- OI
- $8.58M
- 24h Vol
- $1.83M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
MEXC(cex)- Mark Price
- $0.1284
- Exchange Ticker
- PONS_USDT
- Taker / Maker
- 0.02% / 0%
- Funding APR(4h)
- +10.96%
- OI
- $978.05K
- 24h Vol
- $1.76M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short256 long / 248 short samples · 2 days · auto-refresh every 30s