SEI · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.49%, but entry and exit cost 5.25% of the position. The trade is a loss at entry regardless of how the spread moves afterwards. Reduce the size, or pick another pair.
Three scenarios: the current spread 0.49% 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 | +$49.45 | -$0.55 | -$50.55 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$4.95 | +$4.95 | +$4.95 |
| Net potential | -$475.52 | -$525.52 | -$575.52 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.09% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 8 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 · 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
- $0.07173
- Exchange Ticker
- SEIUSD-PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- -122.10%
- OI
- $19.11K
- 24h Vol
- $4.82K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $0.07208
- Exchange Ticker
- SEI-USD
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(1h)
- +311.78%
- OI
- $118.28K
- 24h Vol
- $14.32K
251 long / 259 short samples · 2 days · auto-refresh every 30s