SP500 · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.02%, but entry and exit cost 0.14% 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 0.02% 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 | +$1.58 | -$48.42 | -$98.42 |
| Round-trip fees | −$11.00 | −$11.00 | −$11.00 |
| Slippage(orderbook) | −$2.95 | −$2.95 | −$2.95 |
| Funding drag(est. 1h hold) | +$0.01 | +$0.01 | +$0.01 |
| Net potential | -$12.36 | -$62.36 | -$112.36 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.01% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 41 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 · 282 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.
MEXC(cex)- Mark Price
- $7,672.5
- Exchange Ticker
- SPX500_USDT
- Taker / Maker
- 0.02% / 0%
- Funding APR(8h)
- +5.04%
- OI
- $66.88M
- 24h Vol
- $62.10M
Ondo(dex)- Mark Price
- $7,673.71
- Exchange Ticker
- US500-USD.P
- Taker / Maker
- 0.035% / 0.015%
- Funding APR(1h)
- +6.05%
- OI
- $9.24M
- 24h Vol
- $7.55M
282 long / 282 short samples · 2 days · auto-refresh every 30s