S · Convergence Trade
Profit Calculator
Slippage is not in these figures yet — the order book is still loading. Breakeven is understated and tradeability overstated until it arrives; wait for the refresh before judging the trade.
Three scenarios: the current spread 0.46% 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 | +$45.55 | -$4.45 | -$54.45 |
| Round-trip fees | −$13.00 | −$13.00 | −$13.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.19 | +$0.19 | +$0.19 |
| Net potential | +$32.74 | -$17.26 | -$67.26 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.10% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 14 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 · 284 samples
Hyperliquid(dex)- Mark Price
- $0.03601
- Exchange Ticker
- S
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- -27.83%
- OI
- $1.30M
- 24h Vol
- $406.95K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
MEXC(cex)- Mark Price
- $0.03617
- Exchange Ticker
- S_USDT
- Taker / Maker
- 0.02% / 0%
- Funding APR(4h)
- -11.40%
- OI
- $1.82M
- 24h Vol
- $845.34K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short284 long / 256 short samples · 2 days · auto-refresh every 30s