PUMP · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.17%, but entry and exit cost 0.26% 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 0.17% 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 | +$16.75 | -$33.25 | -$83.25 |
| Round-trip fees | −$18.00 | −$18.00 | −$18.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$1.00 | +$1.00 | +$1.00 |
| Net potential | -$9.44 | -$59.44 | -$109.44 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.07% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 32 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 · 285 samples
dYdX(dex)- Mark Price
- $0.004219
- Exchange Ticker
- PUMP-USD
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(1h)
- +0.00%
- OI
- $9.49K
- 24h Vol
- $1.20K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Bullet(dex)- Mark Price
- $0.004226
- Exchange Ticker
- PUMP-USD
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(1h)
- +87.66%
- OI
- $12.03K
- 24h Vol
- $77.26K
285 long / 285 short samples · 2 days · auto-refresh every 30s