PUMP · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.04%, but entry and exit cost 8.08% 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 0.04% 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 | +$3.74 | -$46.26 | -$96.26 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(orderbook) | −$788.46 | −$788.46 | −$788.46 |
| Funding drag(est. 1h hold) | +$0.69 | +$0.69 | +$0.69 |
| Net potential | -$804.03 | -$854.03 | -$904.03 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.14%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 264 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.
Backpack(cex)- Mark Price
- $0.004280
- Exchange Ticker
- PUMP_USDC_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- -38.06%
- OI
- $751.10K
- 24h Vol
- $630.46K
N1(dex)- Mark Price
- $0.004282
- Exchange Ticker
- PUMP
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(1h)
- +22.79%
- OI
- $7.77K
- 24h Vol
- $7.74K
264 long / 264 short samples · 2 days · auto-refresh every 30s