RAVE · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.40% 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 | +$40.20 | -$9.80 | -$59.80 |
| Round-trip fees | −$12.00 | −$12.00 | −$12.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.08 | +$0.08 | +$0.08 |
| Net potential | +$28.28 | -$21.72 | -$71.72 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.46%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 7d · 1,764 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.
Variational(dex)- Mark Price
- $0.2762
- Exchange Ticker
- RAVE
- Taker / Maker
- 0% / 0%
- Funding APR(4h)
- +10.95%
- OI
- $19.08K
- 24h Vol
- $0.00
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Bitget(cex)- Mark Price
- $0.2773
- Exchange Ticker
- RAVEUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +17.74%
- OI
- $3.90M
- 24h Vol
- $234.67K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short1611 long / 1597 short samples · 8 days · auto-refresh every 30s