SP500 · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.06%, but entry and exit cost 0.27% 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 0.06% 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 | +$5.85 | -$44.15 | -$94.15 |
| Round-trip fees | −$15.00 | −$15.00 | −$15.00 |
| Slippage(orderbook) | −$12.66 | −$12.66 | −$12.66 |
| Funding drag(est. 1h hold) | +$0.72 | +$0.72 | +$0.72 |
| Net potential | -$21.09 | -$71.09 | -$121.09 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.05% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 55 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.
WOOFi Pro(dex)- Mark Price
- $7,667.37
- Exchange Ticker
- PERP_SPX500_USDC
- Taker / Maker
- 0.03% / 0%
- Funding APR(8h)
- -31.35%
- OI
- $378.51K
- 24h Vol
- $6.69K
Aftermath(dex)- Mark Price
- $7,671.86
- Exchange Ticker
- US500
- Taker / Maker
- 0.045% / -0.005%
- Funding APR(1h)
- +31.62%
- OI
- $9.27K
- 24h Vol
- $74.72K
282 long / 281 short samples · 2 days · auto-refresh every 30s