SHELL · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.28% 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 | +$28.33 | -$21.67 | -$71.67 |
| Round-trip fees | −$28.00 | −$28.00 | −$28.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.45 | −$0.45 | −$0.45 |
| Net potential | -$0.12 | -$50.12 | -$100.12 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.17% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 30 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 · 198 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.
WEEX(cex)- Mark Price
- $0.02118
- Exchange Ticker
- SHELLUSDT
- Taker / Maker
- 0.08% / 0.02%
- Funding APR(4h)
- +49.96%
- OI
- $135.48K
- 24h Vol
- $582.16K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Bitget(cex)- Mark Price
- $0.02124
- Exchange Ticker
- SHELLUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +10.95%
- OI
- $166.23K
- 24h Vol
- $57.68K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short189 long / 79 short samples · 2 days · auto-refresh every 30s