PUMP · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.27%, but entry and exit cost 0.28% 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 0.27% 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 | +$26.63 | -$23.37 | -$73.37 |
| Round-trip fees | −$22.00 | −$22.00 | −$22.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.06 | +$0.06 | +$0.06 |
| Net potential | -$1.56 | -$51.56 | -$101.56 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.09% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 43 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 · 279 samples
Pionex(cex)- Mark Price
- $0.003294
- Exchange Ticker
- PUMP_USDT_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +5.89%
- OI
- $3.62M
- 24h Vol
- $1.75M
Phemex(cex)- Mark Price
- $0.003303
- Exchange Ticker
- PUMPUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(4h)
- +10.96%
- OI
- $1.54M
- 24h Vol
- $3.16M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short243 long / 251 short samples · 2 days · auto-refresh every 30s