SAGA · 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 0.89% 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 | +$88.84 | +$38.84 | -$11.16 |
| Round-trip fees | −$16.00 | −$16.00 | −$16.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$13.40 | +$13.40 | +$13.40 |
| Net potential | +$86.24 | +$36.24 | -$13.76 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 5.03%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 280 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
- $0.02498
- Exchange Ticker
- SAGAUSDT
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(4h)
- -45.93%
- OI
- $30.05K
- 24h Vol
- $58.67K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $0.02520
- Exchange Ticker
- SAGA-PERP
- Taker / Maker
- 0.04% / 0.02%
- Funding APR(1h)
- +1128.18%
- OI
- $24.22K
- 24h Vol
- $290.72
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short256 long / 256 short samples · 2 days · auto-refresh every 30s