RIVER · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.04% 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 | +$3.65 | -$46.35 | -$96.35 |
| Round-trip fees | −$11.00 | −$11.00 | −$11.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.85 | +$0.85 | +$0.85 |
| Net potential | -$6.50 | -$56.50 | -$106.50 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.04%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 225 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.
Lighter(dex)- Mark Price
- $2.7410
- Exchange Ticker
- RIVER-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +10.51%
- OI
- $83.67K
- 24h Vol
- $8.49K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Bybit(cex)- Mark Price
- $2.7420
- Exchange Ticker
- RIVERUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(4h)
- +84.59%
- OI
- $3.44M
- 24h Vol
- $1.69M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short217 long / 225 short samples · 2 days · auto-refresh every 30s