PTB · Convergence Trade
Sparse data (30% 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
Three scenarios: the current spread 0.40% 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 | +$39.96 | -$10.04 | -$60.04 |
| Round-trip fees | −$22.00 | −$22.00 | −$22.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.98 | −$0.98 | −$0.98 |
| Net potential | +$16.98 | -$33.02 | -$83.02 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.25% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 26 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 · 135 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.
KuCoin(cex)- Mark Price
- $0.0009260
- Exchange Ticker
- PTBUSDTM
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +180.68%
- OI
- $1.84M
- 24h Vol
- $1.55M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Gate.io(cex)- Mark Price
- $0.0009297
- Exchange Ticker
- PTB_USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +94.83%
- OI
- $1.07M
- 24h Vol
- $352.99K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short85 long / 85 short samples · 2 days · auto-refresh every 30s