RIVN · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.12% 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 | +$12.32 | -$37.68 | -$87.68 |
| Round-trip fees | −$34.00 | −$34.00 | −$34.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.19 | +$0.19 | +$0.19 |
| Net potential | -$21.49 | -$71.49 | -$121.49 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.06% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 15 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 · 187 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
- $15.4200
- Exchange Ticker
- RIVNUSDT
- Taker / Maker
- 0.08% / 0.02%
- Funding APR(8h)
- -10.99%
- OI
- $24.74K
- 24h Vol
- $2.87K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $15.4390
- Exchange Ticker
- xyz:RIVN
- Taker / Maker
- 0.09% / 0.03%
- Funding APR(1h)
- +5.47%
- OI
- $649.95K
- 24h Vol
- $66.22K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short147 long / 88 short samples · 2 days · auto-refresh every 30s