SEI · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.11%, but entry and exit cost 1.94% 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 0.11% 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 | +$10.89 | -$39.11 | -$89.11 |
| Round-trip fees | −$10.00 | −$10.00 | −$10.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$1.78 | +$1.78 | +$1.78 |
| Net potential | -$182.95 | -$232.95 | -$282.95 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.12%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 235 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.
Variational(dex)- Mark Price
- $0.05887
- Exchange Ticker
- SEI
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- -15.93%
- OI
- $304.63K
- 24h Vol
- $54.45K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
dYdX(dex)- Mark Price
- $0.05894
- Exchange Ticker
- SEI-USD
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(1h)
- +139.70%
- OI
- $97.04K
- 24h Vol
- $27.90K
235 long / 235 short samples · 2 days · auto-refresh every 30s