PUMP · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.02%, but entry and exit cost 0.52% 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 0.02% 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 | +$2.32 | -$47.68 | -$97.68 |
| Round-trip fees | −$24.00 | −$24.00 | −$24.00 |
| Slippage(orderbook) | −$28.74 | −$28.74 | −$28.74 |
| Funding drag(est. 1h hold) | +$0.26 | +$0.26 | +$0.26 |
| Net potential | -$50.16 | -$100.16 | -$150.16 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.16%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 278 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.
- Mark Price
- $0.004303
- Exchange Ticker
- PERP_PUMP_USDC
- Taker / Maker
- 0.03% / 0%
- Funding APR(4h)
- +1.54%
- OI
- $45.88K
- 24h Vol
- $146.14K
- Mark Price
- $0.004304
- Exchange Ticker
- hyna:PUMP
- Taker / Maker
- 0.09% / 0.03%
- Funding APR(1h)
- +24.04%
- OI
- $100.28K
- 24h Vol
- $16.00K
275 long / 276 short samples · 2 days · auto-refresh every 30s