RAVE · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.05%, but entry and exit cost 0.14% 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 0.05% 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 | +$4.98 | -$45.02 | -$95.02 |
| Round-trip fees | −$14.00 | −$14.00 | −$14.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.18 | −$0.18 | −$0.18 |
| Net potential | -$9.20 | -$59.20 | -$109.20 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.05%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 247 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
- $0.2008
- Exchange Ticker
- RAVE_USDT
- Taker / Maker
- 0.02% / 0%
- Funding APR(4h)
- +52.38%
- OI
- $2.42M
- 24h Vol
- $309.67K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $0.2009
- Exchange Ticker
- RAVE-USDT-SWAP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +36.27%
- OI
- $1.64M
- 24h Vol
- $3.03M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short233 long / 232 short samples · 1 day · auto-refresh every 30s